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

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

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

August 8, 2016 6:00 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 08/08/16 -- Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE MKT: GTE)(TSX: GTE), a company focused on oil and gas exploration and production in Colombia, today announced its financial and operating results for the quarter ended June 30, 2016. All dollar amounts are in United States ("U.S.") dollars unless otherwise indicated.

Second quarter 2016 financial and operational highlights include:

Production:

-- Working interest ("WI") production before royalties for the quarter averaged 25,744 barrels of oil equivalent per day ("BOEPD"), or 21,695 BOEPD net... More