Exploration & Production | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Gran Tierra Hits 29,099 BOE/d Record by Year-End 2013 (97% Oil, Liquids)
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Gran Tierra Energy Inc. has detailed its financial and operating results for the fourth quarter and year ended December 31, 2013.
All dollar amounts are in United States dollars unless otherwise indicated.
Highlights: In 2013, oil and natural gas production averaged a record 29,099 company interest barrels of oil equivalent per day, or a record net after royalty and adjusted for inventory changes, 22,267 BOEPD (97% light and medium oil and liquids), an increase of 32% from 2012. Production for the month of January averaged approximately 22,640 BOEPD NAR adjusted for inventory changes, consistent with budget; Total Proved reserves NAR increased 4% to 42.1 million barrels of oil equivalent (95% light and medium oil and liquids consistent with 95% at year-end 2012); total Proved plus…- ✓ Full news archive — U.S., Canada & international coverage
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