Gran Tierra’s reserves increased with the acquisition of Petroamerica Oil Corp. and PetroGranada Colombia. Without the acquisitions, Gran Tierra’s Colombian reserves would have experienced a y/y decrease, as organic additions did not fully replace production. We are of the view that 2015 F&D results are not overly meaningful. As part of the Company’s change in management and new strategic direction, Gran Tierra did not resume drilling in Colombia until late 2015, and as such, did not have the fu ....
22 Jan 2016
Gran Tierra Energy Reports YE15 Reserves and Resources
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Gran Tierra Energy Reports YE15 Reserves and Resources
Gran Tierra Energy Inc. (GTE:LON) | 548 0 0.0% | Mkt Cap: 176.9m
- Published:
22 Jan 2016 -
Author:
Darren B. Engels -
Pages:
9
Gran Tierra’s reserves increased with the acquisition of Petroamerica Oil Corp. and PetroGranada Colombia. Without the acquisitions, Gran Tierra’s Colombian reserves would have experienced a y/y decrease, as organic additions did not fully replace production. We are of the view that 2015 F&D results are not overly meaningful. As part of the Company’s change in management and new strategic direction, Gran Tierra did not resume drilling in Colombia until late 2015, and as such, did not have the fu ....