other material
confidence high
sentiment positive
materiality 0.85
Gran Tierra achieves record reserves; 1P 94 MMBOE, NAV per share up 7-15%
GRAN TIERRA ENERGY INC.
- Highest reserves in company history: 94 MMBOE 1P, 150 MMBOE 2P, 212 MMBOE 3P.
- Reserves replacement 270% 1P, 433% 2P, 599% 3P from drilling & Suroriente agreement.
- NAV per share before tax $49.54 (1P) and $84.39 (2P), up 7% and 15% from Dec 31, 2022.
- F&D costs excl. FDC: $8.55/boe (1P), $5.33/boe (2P), $3.86/boe (3P).
- NPV10 before tax $2.2B (1P), $3.3B (2P), $4.5B (3P).