Gran Tierra Energy Announces Corporate Update

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Apr 19, 2022
  • Achieved First Quarter 2022 Total Company Average Production of 29,362 BOPD, Up 20% Year-on-Year
  • Acordionero and Costayaco Infill Development Drilling Campaigns Yielding Encouraging Results
  • Expect to Meet Full Year 2022 Guidance of 30,500-32,500 BOPD
  • As of March 31, 2022, Paid Down Credit Facility to $40 Million and Had Cash Balance of $59 Million
  • Balance of Credit Facility Expected to be Fully Paid in Second Quarter 2022