Company”
) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the Company’s financial and operating results for the quarter ended March 31, 2021 (“
the Quarter”). All dollar amounts are in United States dollars and production amounts are on an average working interest before royalties (“
WI”) basis unless otherwise indicated. Per barrel (“
bbl”) amounts are based on WI sales before royalties. For per bbl amounts based on net after royalty (“
NAR”) production, see Gran Tierra’s Quarterly Report on Form 10-Q filed May 4, 2021.
Message to Shareholders
Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented: “During 2021, we have significantly increased Gran Tierra’s total production. Our ability to ramp up Gran Tierra’s production to the highest level in over a year clearly demonstrates our team’s success at optimizing our core oil fields under waterflood, while preserving and maximizing the long-term value of all of our as
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