Gran Tierra Q1 2024 production 32,242 BOPD, net loss $0.1M, free cash flow $19M

GRAN TIERRA ENERGY INC.

2024-Q1 EPS reported $0.00 revenue$157,577,000

Total average WI production 32,242 BOPD, up 3% from Q4 2023 and 2% YoY.
Net loss of $0.1M vs net income $8M in Q4 2023; Adjusted EBITDA $95M.
Funds flow from operations $74M, free cash flow $19M; capital expenditures $55M.
Issued additional $100M of 9.50% Senior Notes due 2029; repaid $36M credit facility.
Initial drilling results at Arawana exploration well in Ecuador positive; expected testing in May.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

GRAN TIERRA ENERGY INC. reported quarter ended March 31, 2024 results: net income net loss of $0.1 million.

Period: quarter ended March 31, 2024
Net income: net loss of $0.1 million
Result: reported results

Exact text from the filing

Gran Tierra Energy Inc. issued a press release announcing its financial and operating results for the quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0001273441-24-000015

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