secwatch.observer — SEC 8-K summary
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Issuer:     GRAN TIERRA ENERGY INC. (GTE)
CIK:        0001273441
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001104659-24-005934
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gran Tierra posts record 90 MMBOE proved reserves; guides 32-35K bopd for 2024
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- 2023 year-end total proved reserves of 90 MMBOE, a record high; 154% 1P reserves replacement.
- Before-tax NPV10 of $1.9 billion (1P), $3.1 billion (2P); NAV per share $44.48 (1P pre-tax).
- 2024 base-case production guidance of 32,000-35,000 BOPD (up 4% vs 2023); capex $210-240 million.
- 2024 base-case cash flow forecast $280-320 million; free cash flow after exploration $75 million mid-point.
- Plan to allocate up to 50% of free cash flow to share buybacks; 7.1% of shares repurchased in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273441/000110465924005934/0001104659-24-005934-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273441/000110465924005934/tm243952d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-005934

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer