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Gran Tierra Energy Snapshot
Gran Tierra Energy hopes the earth still holds a wealth of oil and gas to be tapped, especially in South America. Headquartered in Canada and incorporated and trading in the US, this oil and gas exploration and production company holds interests in producing and prospective properties primarily in Argentina, Brazil, Colombia, and Peru and is moving into the next phase, which is focused on production growth through drilling. It has estimated proved reserves of about 24 million barrels of oil equivalent, thanks in large part to increasing production at Costayaco in the Putumayo Basin in Colombia. Colombian oil and gas sales generate a lion's share of Gran Tierra Energy's revenues.
