Gran Tierra Q3 net loss $20M; production 42,685 boepd; Ecuador discoveries, $200M prepayment facility

GRAN TIERRA ENERGY INC.

2025-Q3 EPS reported -$1.47 revenue$466,784,000

Net loss $20M vs income $1M in Q3 2024; adjusted EBITDA $69M, down from $93M YoY.
Production averaged 42,685 boepd, up 30% YoY but down 10% sequentially due to Ecuador landslide and Moqueta shutdown.
Exploration success: Conejo A-1 flowed 1,328 bopd; Conejo A-2 discovered 41 ft net reservoir; Chanangue-1 re-entry produces ~600 bopd.
Secured $200M Oriente crude prepayment facility to repay debt; Canadian credit facility increased to C$75M and extended to Oct 2027.
Current production ~45,200 boepd; 2026 budget to focus on free cash flow and deleveraging.

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