With a newfound focus on its core Costayaco and Moqueta Fields in the Putumayo Basin of Colombia, the new management team appears to be delivering the production and cash fl ow growth that shareholders coveted. Gran Tierra has increased its 2015e planned capital spending to US$185 mm, which includes an additional US$55 mm of capital expenditures in Colombia and reduced capital spending in Peru and Brazil. The Company has transitioned from higher risk, higher reward exploration in multiple jurisd ....
25 Jun 2015
Gran Tierra Energy Increases 2015e Capital Expenditures and Production Guidance, Highlighted by Increased Activity in Colombia
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Gran Tierra Energy Increases 2015e Capital Expenditures and Production Guidance, Highlighted by Increased Activity in Colombia
Gran Tierra Energy Inc. (GTE:LON) | 548 0 0.0% | Mkt Cap: 176.9m
- Published:
25 Jun 2015 -
Author:
Darren B. Engels -
Pages:
7
With a newfound focus on its core Costayaco and Moqueta Fields in the Putumayo Basin of Colombia, the new management team appears to be delivering the production and cash fl ow growth that shareholders coveted. Gran Tierra has increased its 2015e planned capital spending to US$185 mm, which includes an additional US$55 mm of capital expenditures in Colombia and reduced capital spending in Peru and Brazil. The Company has transitioned from higher risk, higher reward exploration in multiple jurisd ....