Gran Tierra Q1 production 31,700 BOPD (+8% YoY); share & bond buybacks continue

GRAN TIERRA ENERGY INC.

Q1 2023 average production 31,700 BOPD, up 8% from Q1 2022.
Acordionero field producing ~20,000 BOPD, first time since Q2 2019.
Repurchased 13 million shares for ~$10.7M in Q1; total 36M shares since Sep 2022.
Bought back $8M face value of 6.25% senior notes due 2025 at ~15% discount.
Current Q2-to-date production ~33,700 BOPD, at high end of annual guidance.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GRAN TIERRA ENERGY INC. reported preliminary financial results for first quarter 2023.

Period: first quarter 2023
Result: preliminary results

Exact text from the filing

Achieved First Quarter 2023 Total Company Average Production of Approximately 31,700 BOPD, an Increase of 8% from First Quarter 2022

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

GRAN TIERRA ENERGY INC. filing history →

Source: SEC EDGAR

accession 0001104659-23-042689

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