Gran Tierra Energy (GTE) Announces 2022 Guidance
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Gran Tierra Energy Inc. Announces 2022 Guidance
December 9, 2021 5:05 PM EST2022 Capital Expenditure Budget of $220-240 Million, Expected 2022 Cash Flow1 of $270-290 MillionForecast 2022 Production of 30,500-32,500 BOPD, an Increase of 19% from 2021 and 39% from 2020Forecast 2022 Free Cash Flow2 of $40-60 Million After Fully Funded 2022 Exploration Program2021 Year-End Credit Facility Balance Expected to be Under $70 MillionFull Repayment of Credit Facility Expected in 2022Fitch Ratings Upgrade to B-, Outlook... More
