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Gran Tierra Energy Inc. - $GTE STOCK NEWS

Welcome to our dedicated page for Gran Tierra Energy news (Ticker: $GTE), a resource for investors and traders seeking the latest updates and insights on Gran Tierra Energy stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gran Tierra Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Gran Tierra Energy Inc. has satisfied all conditions precedent to the effectiveness of the Suroriente Continuation Agreement with Ecopetrol S.A., allowing the duration of the contract for the Suroriente Block to be extended for 20 years from September 1, 2023. Gran Tierra commits to a capital investment program of $123 million over a three-year period, funded by internal cash flow.
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End-of-Day
1.87%
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Rhea-AI Summary
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-5.59%
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Rhea-AI Summary
Gran Tierra Energy Inc. announced its 2023 mid-year reserves, achieving the highest reserves in company history. They reported 94 MMBOE 1P, 150 MMBOE 2P, and 212 MMBOE 3P. The net present value before tax discounted at 10% increased to $2.2 billion (1P), $3.3 billion (2P), and $4.5 billion (3P). The net asset value per share ranges from $14.93 to $84.39 after tax.
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Rhea-AI Sentiment
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-5.59%
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Rhea-AI Summary
Gran Tierra Energy Inc. (GTE) to release 2023 Q2 financial and operating results on August 1, 2023, with a conference call on August 2, 2023. Interested parties can register for the call and access the live webcast on the company's website. An audio replay will also be available.
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0.3%
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Rhea-AI Summary
Gran Tierra Energy Inc. will release its 2023 second quarter financial and operating results on August 1, 2023, and host a conference call on August 2, 2023.
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0.3%
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8.33%
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Rhea-AI Summary
Gran Tierra Energy Inc. announced an operational update, reporting a 6% increase in average production for the second quarter of 2023 compared to the first quarter. The company has completed most of its development program for the year, with 19 development wells drilled. They expect higher oil production for the rest of the year and believe they are well positioned to grow production and optimize value.
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-0.19%
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Rhea-AI Summary
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3.83%
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-9.09%
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Gran Tierra Energy Inc.

NYSE:GTE

GTE Rankings

GTE Stock Data

288.57M
29.15M
2.83%
34.16%
1.97%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
CALGARY

About GTE

gran tierra energy is an independent international energy company engaged in oil and gas acquisition, exploration, development and production. we are strategically focused on onshore oil and gas properties in colombia. headquartered in calgary, canada we are publically listed on the new york stock exchange and the toronto stock exchange under the ticker symbols gte. our strategic approach is focused on growth and value creation, re-positioning ourselves for future success as the preeminent independent producer in colombia. gran tierra believes in partnering with the communities in which it operates, and the company is intensely proud of its shared value, sustainable community and social responsibility programs. gran tierra energy es una compañía de energía internacional independiente dedicada a la adquisición, exploración, desarrollo y producción de petróleo y gas. estamos enfocados estratégicamente en propiedades on-shore de petróleo y gas en colombia. con sede en calgary, canadá, cot