Gran Tierra Share News (GTE)

UK shareholder meetings calendar - next 7 days

Gran Tierra hangs hopes on 2024 exploration projects after tough 2023

(Alliance News) - Gran Tierra Energy Inc on Tuesday said that its 2023 sales had been hit by sinking oil prices, though the company hopes that its scheduled drilling programmes in 2024 will improve its fortunes.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Gran Tierra prices extra USD100 million of senior bonds

Gran Tierra Energy Inc - Calgary, Canada-based and South America-focused oil and gas company - Prices offering of an additional USD100 million principle amount of previously issued 9.5% senior secured amortising notes due 2029, in a private placement to institutional buyers. Company previously had outstanding aggregate USD487.6 million of 9.5% notes due in 2029. New notes will have same terms and provisions as original notes, apart from their issue price. Company expects to close the offering on February 6, and to receive net proceeds of approximately USD88.3 million.

EARNINGS AND TRADING: Gran Tierra ups production, "excited" for 2024

(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

TRADING UPDATES: Gran Tierra completes offers, Pensana wins grant

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News:

IN BRIEF: Gran Tierra Energy gives updates on 2025, 2027 senior notes

Gran Tierra Energy Inc - company focused on oil and gas exploration and production in Colombia and Ecuador - Says regarding 6.25% senior notes due 2025, so far tendered USD249.7 million of USD271.9 million, with total principal amount accepted for exchange being USD247.1 million. For 7.75% senior notes due 2027, so far tendered USD276.4 million of USD300.0 million, with a total principal amount accepted for exchange at USD275.8 million.

TRADING UPDATES: Marula Mining to acquire 70% interest in Future Gems

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Gran Tierra Energy extends Suroriente contract for next 20 years

(Alliance News) - Gran Tierra Energy Inc on Friday said its contract for the Suroriente block has been extended for a further 20-year period.

Gran Tierra Energy quarterly production rises as wells brought online

(Alliance News) - Gran Tierra Energy Inc on Tuesday said production was up in the second quarter so far as it continues to bring wells online.

Gran Tierra Energy signs extension deal with Colombia's Ecopetrol

(Alliance News) - Gran Tierra Energy Inc late Tuesday said it signed a contract agreement with Ecopetrol SA, Colombia's largest oil company, extending a contract by 20 years.

IN BRIEF: Gran Tierra Energy CEO Gary Guidry buys 150,000 shares

Gran Tierra Energy Inc - Calgary, Canada-based oil and gas explorer & producer - Chief Executive Officer Gary Guidry buys 150,000 shares at USD0.86 each, worth USD129,000, in Toronto on Friday.

Gran Tierra expects increase in annual production as drilling planned

(Alliance News) - Gran Tierra Energy Inc on Thursday announced its 2023 capital expenditure budget and production guidance.

Gran Tierra Energy prospects offer development opportunities for 2023

(Alliance News) - Gran Tierra Energy Inc on Tuesday said four of its recently drilled prospects are producing oil, offering future development opportunities.

IN BRIEF: Gran Tierra signs two-year USD150 million credit facility

Gran Tierra Energy Inc - focused on oil and gas exploration and production in Colombia and Ecuador - Signs new credit facility via two Colombian subsidiaries. "The facility replaces Gran Tierra's previous credit facility that had a borrowing base of USD150 million," firm explains. Aim of the facility is to provide financial flexibility. Credit facility is with Singapore-based multinational commodity trader Trafigura Group Pte Ltd, Gran adds. The facility lasts until August 2024 but can be extended to February 2025. Interest on the facility is a risk-free secured overnight financing rate plus 6.0% per year.