Gran Tierra Q2 net income $25M, production 41,501 boepd; advances Colombia/Ecuador growth

GRAN TIERRA ENERGY INC.

2026-Q2 EPS reported -$2.67 revenue$359,238,000

Net income $25M ($0.70/sh) vs net loss $119M prior quarter; Adjusted EBITDA $85M, free cash flow $6M.
Production 41,501 boepd (-12% YoY) due to Colombia declines and Canada asset sales; Ecuador output 7,993 bopd.
Completed $123M Suroriente capital carry with Ecopetrol; satisfied Tisquirama contract conditions for 49% WI in Colombia.
Sold Lodgepole assets for C$12.8M; received resource report on Dawson Clearwater/Mount Head with ~67 MMbbl unrisked prospective.
Repurchased $9.2M face value of 9.75% Senior Notes at 12% discount in H1; additional $15M post-quarter at 10% discount.

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