Gran Tierra Energy Inc. Common Stock
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About
Gran Tierra Energy Inc. (NYSE American: GTE) is a Canadian oil and gas exploration and production company, headquartered in Calgary, and is best known for its primary operations focused on South America.
The company’s core business is exploring for, developing, and producing crude oil and natural gas. It holds and operates a portfolio of properties, with its core assets and production base located in Colombia. The company also has operations in Ecuador. To support the development of its resources, Gran Tierra has entered into a strategic partnership with Ecopetrol S.A., Colombia's national oil company, to jointly develop fields in Colombia's Middle Magdalena Valley basin.
Gran Tierra manages its operations as a single segment. Its primary revenue source is from the production and sale of crude oil. The company’s strategy centers on exploiting its existing asset base in Colombia through development drilling and enhanced oil recovery techniques, while also pursuing selective exploration opportunities to add new reserves. It was founded in 2003 and maintains its corporate headquarters in Calgary, Canada.