Gran Tierra’s 2018 capital program is expected to range between US$250 mm and US$270 mm and includes the drilling of up to 21 gross development wells and 11 gross exploration wells. Production guidance for 2018e ranges between 36,500 boe/d and 38,500 boe/d, which is in line with our expectation of 37,000 boe/d. For 2019e, Gran Tierra is guiding for production growth between 12% and 20%, which implies a production range between approximately 41,000 boe/d and 46,000 boe/d. With this repor
18 Dec 2017
Gran Tierra announces 2018 capital program and production guidance
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Gran Tierra announces 2018 capital program and production guidance
Gran Tierra Energy Inc. (GTE:LON) | 548 0 0.0% | Mkt Cap: 176.9m
- Published:
18 Dec 2017 -
Author:
Darren B. Engels -
Pages:
7
Gran Tierra’s 2018 capital program is expected to range between US$250 mm and US$270 mm and includes the drilling of up to 21 gross development wells and 11 gross exploration wells. Production guidance for 2018e ranges between 36,500 boe/d and 38,500 boe/d, which is in line with our expectation of 37,000 boe/d. For 2019e, Gran Tierra is guiding for production growth between 12% and 20%, which implies a production range between approximately 41,000 boe/d and 46,000 boe/d. With this repor