secwatch.observer — SEC 8-K summary
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Issuer:     GRAN TIERRA ENERGY INC. (GTE)
CIK:        0001273441
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001273441-23-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gran Tierra Energy Q2 net loss $11M; production rises 10% to 33,719 BOPD
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- Net loss of $11M ($0.33/sh); net income of $53M ($1.44/sh) in Q2 2022.
- Q2 average production 33,719 BOPD (up 10% YoY, 7% sequentially); Q3-to-date ~35,300 BOPD.
- Adjusted EBITDA $85M; funds flow from operations $53M; capital expenditures $66M.
- Completed 2023 development campaign with 21 wells drilled in H1; Ecuador exploration to start Q4 2023.
- NCIB completed, repurchased 3.6M shares (~9.8% of float); cash $69M, undrawn $150M credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273441/000127344123000021/0001273441-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273441/000127344123000021/gte-20230801.htm
  HTML page:      https://secwatch.observer/filing/0001273441-23-000021

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