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


CALGARY, Alberta, Aug. 03, 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 June 30, 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 ) and bbl per day (
BOPD ) 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 August 3, 2021. ....

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Gran Tierra Energy Inc. Announces Second Quarter 2021 Results


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Gran Tierra Energy Inc. Announces Second Quarter 2021 Results
Gran Tierra Energy Inc.August 4, 2021 GMT
Achieved Second Quarter 2021 Average Total Production of 23,035 BOPD, Up 14% Year-Over-Year
Reaffirms 2021 Full-Year Production Guidance of 27,500-28,500 BOPD and Capital Program of $130-150 Million
Reaffirms 2021 Full-Year Budget Guidance: Cash Flow
2
2
2
Balance Paid Down To $175 Million
CALGARY, Alberta, Aug. 03, 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 June 30, 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 ....

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Athabasca Oil Corporation Announces 2021 Second Quarter


 
(1)   Refer to the “Reader Advisory” section within this news release for additional information on Non-GAAP Financial Measures and production disclosure.
(2)   Includes realized commodity risk management loss of $17.8 million and $38.9 million for the three and six months ended June 30, 2021 (three and six months ended June 30, 2020 - $24.4 million and $45.9 million gains).
(3)   Includes available credit under Athabasca’s Credit Facility and Unsecured Letter of Credit Facility (see page 14 of the Company’s Q2 MD&A).
(4)   The face value of the 2022 Notes is US$450 million. The 2022 Notes were translated into Canadian dollars at the June 30, 2021 exchange rate of US$1.00 = C$1.2394 (December 31, 2020 – C$1.2732).
Operations Update ....

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