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Gran Tierra Energy Inc. Announces First Quarter 2021 Results

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Gran Tierra Energy Inc. Announces First Quarter 2021 Results
Gran Tierra Energy Inc.May 5, 2021 GMT
Achieved First Quarter 2021 Average Production of 24,463 BOPD, Up 12% from Prior Quarter
Increased Current Average Production to 28,200 BOPD
2020 Sustainability Report Published
Increases 2021 Full-Year Budget Guidance: Cash Flow
2
2
of $255 - $275 Million
CALGARY, Alberta, May 04, 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 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 befor ....

United States , United Kingdom , City Of , Rodger Trimble , Gary Guidry , Ryan Ellson , Gran Tierra , Budget Base Case , Bank Credit Facility Balance , Foreign Exchange Loss Gain , Acordionero Oil Field , Capital Program , Oil Sales , Brent Oil Price , Petrotal Corp , Company Production , London Stock Exchange , Moqueta Oil Field , National Storage Mechanism , Costayaco Oil Field , Exchange Commission , Presentation Of Oil , Gran Tierra Energy Inc , Toronto Stock Exchange , Number Of Development Wells , Securities Exchange ,

Investegate |Gran Tierra Energy, Inc. Announcements | Gran Tierra Energy, Inc.: Gran Tierra Energy Inc. Announces First Quarter 2021 Results

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-ter ....

United States , United Kingdom , City Of , Rodger Trimble , Gary Guidry , Ryan Ellson , Gran Tierra , Budget Base Case , Bank Credit Facility Balance , Foreign Exchange Loss Gain , Acordionero Oil Field , Capital Program , Oil Sales , Brent Oil Price , Petrotal Corp , Company Production , London Stock Exchange , Moqueta Oil Field , National Storage Mechanism , Costayaco Oil Field , Exchange Commission , Presentation Of Oil , Gran Tierra Energy Inc , Toronto Stock Exchange , Number Of Development Wells , Securities Exchange ,

PrairieSky Announces 2021 First Quarter Results

PrairieSky Announces 2021 First Quarter Results
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United States , Spirit River , Pam Kazeil , Andrew Phillips , Pamela Kazeil , International Financial Reporting Standards , Toronto Stock Exchange , Oil Price Benchmarks , Task Force On Financial Disclosures , Foreign Exchange Rate , Prairiesky Royalty Ltd , Sky Royalty , Deep Basin Acquisition , Western Canada , Deep Basin , West Texas Intermediate , Fee Lands , Responsibility Report , Net Zero , Task Force , Climate Related Financial Disclosures , Sustainability Accounting Standards Board , Chief Financial Officer , Texas Intermediate , Light Sweet , Canadian Select ,

Vermilion Energy Inc. Announces Results for the Year Ended December 31, 2020 and 2020 Reserves Information

(1)
The above table includes non-GAAP financial measures which may not be comparable to other companies. Please see the Non-GAAP Financial Measures section of the accompanying Management s Discussion and Analysis.
(2)
Please refer to Supplemental Table 4 Production of the accompanying Management s Discussion and Analysis for disclosure by product type.
Message to Shareholders
Vermilion started 2020 on a strong footing in what appeared to be a constructive outlook for commodity prices. That all changed in mid-February as the effects from the COVID-19 pandemic started to take hold. As we are all too aware now, the pandemic had devastating effects on the global economy and commodity prices. As commodity prices collapsed, we took swift and decisive action, making drastic changes to our business in order to protect the balance sheet and preserve financial liquidity. We reduced our 2020 capital program in March, suspended our dividend in April and, with other co ....

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Vermilion Energy Inc. Announces Results for the Year Ended December 31, 2020 and 2020 Reserves Information

Vermilion Energy Inc. Announces Results for the Year Ended December 31, 2020 and 2020 Reserves Information
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Paris Basin , France General , United States , Îe De France , Dion Hatcher , Lorenzo Donadeo , Darcy Kerwin , Curtis Hicks , Larry Macdonald , National Instrument , York Stock Exchange , Vermilion Energy Inc , Canadian Oil , Task Force On Financial Disclosures , Toronto Stock Exchange , Petroleum Consultants Ltd , New York Stock Exchange , Oil Gas , Vermilion Energy , Electronic Document Analysis , North American , Vice President , North America , Sustainability Assessment , Sustainability Yearbook , Supplemental Table ,