Gran Tierra posted strong 3Q15 production results of 23,368 boe/d, which was better than expected and positively impacted by field optimization and well stimulation work that increased incremental production by in excess of 1,200 bbl/d. Cash flow of US$37 mm was strong because of sales from inventory.
05 Nov 2015
Gran Tierra Energy Posts Strong 3Q15 Results, Operational Update, and Preliminary 2016 Guidance
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Gran Tierra Energy Posts Strong 3Q15 Results, Operational Update, and Preliminary 2016 Guidance
Gran Tierra Energy Inc. (GTE:LON) | 495 0 0.0% | Mkt Cap: 160.0m
- Published:
05 Nov 2015 -
Author:
Darren B. Engels -
Pages:
10
Gran Tierra posted strong 3Q15 production results of 23,368 boe/d, which was better than expected and positively impacted by field optimization and well stimulation work that increased incremental production by in excess of 1,200 bbl/d. Cash flow of US$37 mm was strong because of sales from inventory.