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Investegate |Gran Tierra Energy, Inc. Announcements | Gran Tierra Energy, Inc.: Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational Update

Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational Update
Realized 100% 1P and 133% PDP Reserves Replacement, with $2.65 and $5.06/BOE F&D Costs
Achieved 2020 Production of 22,624 bopd
Forecast 2021 Production of 28,000-30,000 bopd for Annual Growth of 24-33%
Reduced Annual Operating and G&A Costs by $92 Million
Achieved Company s Best Safety Year in 2020: Zero Lost Time Incident Frequency
CALGARY, Alberta, Feb. 24, 2021 (GLOBE NEWSWIRE)
Gran Tierra Energy Inc. ( Gran Tierra or the Company ) (NYSE American:GTE) (TSX:GTE) (LSE: GTE) today announced the Company s financial and operating results for the fourth quarter ( the Fourth Quarter ) and year ended December 31, 2020. ....

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Colombia/Ecuador: Gran Tierra Energy announces 2020 Y/E reserves and operational update

Gran Tierra Energy, a company focused on oil exploration and production in Colombia and Ecuador, has announced the Company s 2020 year-end reserves and an operational update. ....

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Gran Tierra Energy Inc. Announces 2020 Year-End Reserves and Operational Update

Added 8.3 MMBOE of 1P Reserves
Realized 1P Finding and Development Costs of $2.65/boe
1P and 2P Net Asset Value per Share Before Tax of $1.15 and $3.25
1P Reserves Equal 59% of 2P Reserves, Demonstrating Strength of Company’s Proved Reserves Base
Achieved Company’s Best Safety Year in 2020: Zero Lost Time Incident Frequency
CALGARY, Alberta, Jan. 26, 2021 (GLOBE NEWSWIRE) Gran Tierra Energy Inc. (“
Gran Tierra” or the “
Company“)
(NYSE American:GTE) (TSX:GTE) (LSE: GTE), a company focused on oil exploration and production in Colombia and Ecuador, today announced the Company’s 2020 year-end reserves as evaluated by the Company’s independent qualified reserves evaluator McDaniel & Associates Consultants Ltd. (“ ....

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