Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational Update
Realized 100% 1P and 133% PDP Reserves Replacement, with $2.65 and $5.06/BOE F&D Costs
Achieved 2020 Production of 22,624 bopd
Forecast 2021 Production of 28,000-30,000 bopd for Annual Growth of 24-33%
Reduced Annual Operating and G&A Costs by $92 Million
Achieved Company s Best Safety Year in 2020: Zero Lost Time Incident Frequency
CALGARY, Alberta, Feb. 24, 2021 (GLOBE NEWSWIRE)
Gran Tierra Energy Inc. ( Gran Tierra or the Company ) (NYSE American:GTE) (TSX:GTE) (LSE: GTE) today announced the Company s financial and operating results for the fourth quarter ( the Fourth Quarter ) and year ended December 31, 2020.
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