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Stock impact report

Gran Tierra Energy Inc. Announces 2019 Year-End Reserves and Operational Update

Gran Tierra Energy Inc. (GTE) 
NASDAQ:AMEX Investor Relations: grantierra.com/investor-relations.html
Company Research Source: GlobeNewswire
Achieved 200% 1P Reserves and 101% 2P Reserves ReplacementAdded 25.3 MMBOE of 1P Reserves Primarily in the Company's Four Core Assets Under WaterfloodIncreased 2P Net Asset Value per Share to $6.28 Before Tax and $4.54 After Tax CALGARY, Alberta, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE American:GTE)(NYSE MKT:GTE)(TSX:GTE)(LSE:GTE), a company focused on oil exploration and production in Colombia and Ecuador, today announced the Company's 2019 year-end reserves as evaluated by the Company's independent qualified reserves evaluator McDaniel & Associates Consultants Ltd. ("McDaniel") in a report with an effective date of December 31, 2019 (the "GTE McDaniel Reserves Report") and an operational update. All dollar amounts are in United States ("U.S.") dollars and all reserves and production volumes are on a working interest before royalties ("WI") basis. Production is expressed in barrels ("bbl") of oil per day ("bopd") or bbl of Show less Read more
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