Gran Tierra has identified 54 exploration prospects that have a combined unrisked resource potential of 682 mmboe, net to the Company. Gran Tierra expects that the majority of these wells can be drilled over the next five years and can be self-funded from funds flow from operations. There is the potential for material reserve and production growth. Over the next 18 months, Gran Tierra expects to drill 19 exploration prospects targeting 222 mmboe (58 mmboe risked) of resource potential. On a risk ....

15 Jun 2016
Capital Markets Day Successfully Demonstrates Exploration Program

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Capital Markets Day Successfully Demonstrates Exploration Program
Gran Tierra Energy Inc. (GTE:LON) | 345 0 0.0% | Mkt Cap: 123.8m
- Published:
15 Jun 2016 -
Author:
Darren B. Engels -
Pages:
9 -
Gran Tierra has identified 54 exploration prospects that have a combined unrisked resource potential of 682 mmboe, net to the Company. Gran Tierra expects that the majority of these wells can be drilled over the next five years and can be self-funded from funds flow from operations. There is the potential for material reserve and production growth. Over the next 18 months, Gran Tierra expects to drill 19 exploration prospects targeting 222 mmboe (58 mmboe risked) of resource potential. On a risk ....