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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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Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational .
Gran Tierra Energy Inc.February 25, 2021 GMT
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
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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.(1) ....

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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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