Gran Tierra Energy Inc. Reports Seventh Consecutive Year of South American Reserves Growth
2026-01-29 - 01:40
We have focused on portfolio longevity and asset quality, building a highly diversified portfolio across three countries, five basins, and two continents. This portfolio captures a substantial resource base, including approximately 296,965 MMcf or 0.3 trillion cubic feet (“Tcf”) of unrisked high-estimate contingent resources (“3C”) in the Glauconitic and 425,338 MMcf or 0.4 Tcf of proved plus probable plus possible reserves (“3P”) across our natural gas resources and reserves inventory. Our PDP reserves continue to generate strong cash flow, supporting debt reduction and strengthening the balance sheet, while our significant contingent and prospective resources provide option value and flexibility as market conditions evolve. The Company maintains a highly attractive PDP foundation, significant proved (“1P”) and 2P reserves, a demonstrated track record of moving 2P to 1P to PDP, and a deep inventory of resources that underpin meaningful long-term value.” Read More