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Investegate |Gran Tierra Energy, Inc. Announcements | Gran Tierra Energy, Inc.: Gran Tierra Energy Inc. Announces First Quarter 2021 Results


Company”
) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the Company’s financial and operating results for the quarter ended March 31, 2021 (“
the Quarter”). All dollar amounts are in United States dollars and production amounts are on an average working interest before royalties (“
WI”) basis unless otherwise indicated. Per barrel (“
bbl”) amounts are based on WI sales before royalties. For per bbl amounts based on net after royalty (“
NAR”) production, see Gran Tierra’s Quarterly Report on Form 10-Q filed May 4, 2021.
Message to Shareholders
Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented: “During 2021, we have significantly increased Gran Tierra’s total production. Our ability to ramp up Gran Tierra’s production to the highest level in over a year clearly demonstrates our team’s success at optimizing our core oil fields under waterflood, while preserving and maximizing the long-ter ....

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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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Inside Clean Energy: The Era of Fossil Fuel Power Plants Is Rapidly Receding. Here Is Their Life Expectancy


Inside Clean Energy: The Era of Fossil Fuel Power Plants Is Rapidly Receding. Here Is Their Life Expectancy
New research shows that most fossil fuel plants will have reached the end of their expected lives by 2035, making it easier to envision Joe Biden’s climate plan.
December 10, 2020
PacifiCorp s Hunter coal fired power pant releases steam as it burns coal outside of Castle Dale, Utah on Nov. 14, 2019. Credit: George Frey/AFP via Getty Images
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What if President-elect Joe Biden’s plan to get to 100 percent carbon-free electricity by 2035 turns out to involve not radical disruption but a smooth transition?  ....

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