Gran Tierra Fourth-Quarter Earnings Preview
We expect Gran Tierra to report fourth-quarter production volumes of 33,1000 boe/d, which represents more than a 40% increase from the year-ago period. Production growth is expected from increased drilling in Colombia. We expect full-year production volumes to be approximately 27,600 boe/d, which is in line with company’s announcement that full-year production is expected in the lower end of the guidance range of 27,500-29,000 boe/d. With the integration of the PetroLatina producing properties, ...Gran Tierra Energy, together with its subsidiaries, is a company focused on oil and gas exploration and production in Colombia. Co. is primarily engaged in the exploration and production of oil and natural gas. Co. has one reportable segment based on geographic organization, Colombia. As of Dec 31 2017, Co. had total estimated proved reserves of 59.3 million barrels of oil and natural gas equivalent, consisting of 58.9 million barrels of oil and 2.1 million cubic feet of natural gas.
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