Exploration & Production | Quarterly / Earnings Reports | Third Quarter (3Q) Update | Production Rates | Forecast - Production | Capital Markets | Capital Expenditure | Drilling Program
Gran Tierra Third Quarter Production Down Over Year
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Gran Tierra Energy Inc. has announced its financial and operating results for the quarter ended September 30, 2014. All dollar amounts are in United States (U.S.) dollars unless otherwise indicated.
Financial and operating highlights: Oil and natural gas production from continuing operations for the third quarter of 2014 averaged 25,340 boepd gross working interest, or 19,297 BOEPD net after royalties before adjustment for inventory changes and losses, or 20,641 BOEPD NAR adjusted for inventory changes and losses, compared with 26,597 BOEPD gross WI and 19,676 BOEPD NAR before adjustment for inventory changes and losses and 19,269 BOEPD NAR adjusted for inventory changes and losses in the corresponding period in 2013. Approximately 99% of this production is oil, with the balance…Finish this article — free account or subscription
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