Gran Tierra Energy Inc. Announces Second Quarter 2016 Results Highlighted by Continued Balance Sheet Strength and Transformational Acquisition

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Go back to Gran Tierra Energy Inc. Announces Second Quarter 2016 Results Highlighted by Continued Balance Sheet Strength and Transformational Acquisition

Gran Tierra Energy (GTE) Reports Q2 Loss of $0.21

August 8, 2016 6:07 AM EDT

Gran Tierra Energy (NYSE: GTE) reported Q2 EPS of ($0.21), versus ($0.15) reported last year.

On June 30, 2016, Gran Tierra entered into a share purchase agreement to acquire all of the issued and outstanding common shares of PetroLatina Energy Ltd. ("PetroLatina") for cash consideration of $525.0 million (the... More