Colombia/Ecuador: Gran Tierra Energy provides operations and financial update
13 Apr 2021
Increased Current Average Production to 28,930 BOPD, Highest Since February 2020
Increased Acordionero Field Current Average Production1 to 16,400 BOPD, Highest Since September 2019
Reaffirms 2021 Full-Year Production Guidance of 28,000-30,000 BOPD
Gran Tierra Energy has announced an operations and financial update. All dollar amounts are in United States dollars and all production volumes are on a working interest before royalties ( WI ) basis and are expressed in barrels ( bbl ) of oil per day ( bopd ), unless otherwise stated.
Key Highlights:
(1) Approximate average production over the period from March 28, 2021 to April 10, 2021
2021 Production Guidance: Based on the Company s significant progress in increasing production during and subsequent to the first quarter of 2021, Gran Tierra reaffirms its 2021 full-year production guidance of 28,000-30,000 bopd
BIS ready for mandatory hallmarking of gold
April 13, 2021
Gold hallmarking is a purity certification and is voluntary at present - INDRANIL MUKHERJEE×
BIS offers reduction in annual marking fee to micro industries, women enterprenuers and start-ups
The Bureau of Indian Standards has decided to bring more than 80 per cent of the products that come under its purview under a simplified licensing procedure to enable manufacturers to get licence within one month.
As part of various initiatives to reduce compliance burden, it has also decided to bring down the annual minimum marking fee paid by micro enterprises, start-ups and women entrepreneurs for BIS certification.
Total has concluded final agreements for the Lake Albert Resources Development Project in Uganda and Tanzania. The Lake Albert development encompasses Tilenga and Kingfisher upstream oil projects in Uganda, which are expected to deliver a combined production of 230,000 barrels per day at plateau.
Shearwater GeoServices has been awarded a 3D seismic survey by a major operator in Vietnam. The two-and-a-half-month project will commence in April 2021 and will be conducted by the SW Vespucci.