Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada


Gran Tierra Energy Inc. Announces Exchange Offers of Certain Existing Notes for New Notes and the Solicitations of Consents to Proposed Amendments to the Existing Indentures

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CALGARY, Alberta, Sept. 19, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the commencement of offers to Eligible Holders (as defined herein) to exchange (such offers, the “Exchange Offers”) (i) any and all of the outstanding 6.250% Senior Notes due 2025 issued by Gran Tierra Energy International Holdings Ltd. (“GTEIH”) on February 15, 2018 (CUSIP: 38502HAA3 / G4066TAA0; ISIN: US38502HAA32 / USG4066TAA00) (the “2025 Notes”), and (ii) any and all of the outstanding 7.750% Senior Notes due 2027 issued by the Company on May 23, 2019 (CUSIP: 38502JAA9 / U37016AA7; ISIN: … Continue Reading

Gran Tierra Energy Inc. Announces Effectiveness of Continuation Agreement for Suroriente Block

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CALGARY, Alberta, Aug. 31, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today is pleased to announce that the Company has satisfied all outstanding conditions precedent to the effectiveness of the agreement previously announced on April 11, 2023 with Ecopetrol S.A. (“Ecopetrol”), the national oil company of Colombia, by which the parties renegotiated the terms and the duration of the contract for the Suroriente Block in the Department of Putumayo (“Suroriente”), which was scheduled to end in mid-2024 (the “Suroriente Continuation Agreement”). All dollar amounts are in United States (“U.S.”) dollars unless otherwise … Continue Reading

Gran Tierra Energy Inc. Announces Second Quarter 2023 Results

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  • Second Quarter 2023 Total Average Production of 33,719 BOPD, Up 10% from One Year Ago and Up 7% from Prior Quarter
  • Third Quarter-To-Date 2023 Total Average Production(1) of Approximately 35,300 BOPD
  • Colombia 2023 Development Campaign Complete – 21 Wells Drilled During First Half 2023

    • CALGARY, Alberta, Aug. 01, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the Company’s financial and operating results for the quarter ended June 30, 2023 (“the Quarter”). All dollar amounts are in United States dollars, and production amounts are on an average working interest (“WI”) before … Continue Reading

    Gran Tierra Energy Inc. Announces Meaningful Reserves Growth in Mid-Year 2023 Reserves Update

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  • Highest Reserves in Company History – 94 MMBOE 1P, 150 MMBOE 2P and 212 MMBOE 3P
  • Achieved 270% 1P, 433% 2P and 599% 3P Reserves Replacement
  • Incurred F&D Costs Excluding Change in FDC of $8.55 (1P), $5.33 (2P) and $3.86 (3P) per boe
  • Net Present Value Before Tax Discounted at 10% Increased to $2.2 Billion (1P), $3.3 Billion (2P), and $4.5 Billion (3P)
  • Net Asset Value per Share of $25.45 Before Tax and $14.93 After Tax (PDP), $49.54 Before Tax and $27.28 After Tax (1P), and $84.39 Before Tax and $45.55 After Tax (2P)

    • CALGARY, Alberta, Aug. 01, 2023 (GLOBE … Continue Reading

    CORRECTION — Gran Tierra Energy Inc. Provides Release Date for its 2023 Second Quarter Results and Details of Conference Call and Webcast

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    CALGARY, Alberta, July 25, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) announces that the Company will release its 2023 second quarter financial and operating results on Tuesday, August 1, 2023, after market close. Gran Tierra will host its 2023 second quarter results conference call on Wednesday, August 2, 2023, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time.

    Interested parties may register for the conference call by clicking on this link. Please note that there is no longer a general dial-in number to participate and each individual party must … Continue Reading

    Gran Tierra Energy Inc. Provides Release Date for its 2023 Second Quarter Results and Details of Conference Call and Webcast

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    CALGARY, Alberta, July 25, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) announces that the Company will release its 2023 second quarter financial and operating results on Tuesday, August 1, 2023, after market close. Gran Tierra will host its 2023 second quarter results conference call on Wednesday, August 2, 2023, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time.

    About Gran Tierra Energy Inc.

    Gran Tierra Energy Inc. together with its subsidiaries is an independent international energy company currently focused on oil and natural gas exploration and production in Colombia and Ecuador. The … Continue Reading

    Gran Tierra Energy Inc. Provides Operational Update

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  • Achieved Second Quarter 2023 Total Company Average Production of Approximately 33,800 BOPD, an Increase of 7% from First Quarter 2023
  • 2023 Year-to-Date Total Company Average Production1 of Approximately 32,900 BOPD
  • Total Company Current Average Production1 of Approximately 34,800 BOPD
  • 2023 Capital Expenditures Expected To Be Approximately $210-$230 Million, at Lower End of 2023 Guidance
  • First Half 2023 Drilling Activity Summary: 21 Development Wells Drilled, Consisting of 14 New Producers and 7 New Injectors

    • CALGARY, Alberta, July 12, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced an operational update. All … Continue Reading

    Gran Tierra Energy Inc. Provides Operational Update

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  • Total Current Average Production(1) of Approximately 36,800 BOPD
  • Second Quarter-to-Date 2023 Average Production(2) of Approximately 33,600 BOPD, Up 6% from First Quarter 2023
  • Achieved Acordionero Field Average Production(2) of Approximately 18,600 BOPD
  • Acordionero, Costayaco and Moqueta Infill Development Well Drilling Programs Yielding Exciting Results
  • During 2023 Year-to-Date, 19 Development Wells Drilled, Consisting of 12 New Producers and 7 New Injectors

    • CALGARY, Alberta, May 30, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced an operational update. All dollar amounts are in United States dollars, and production amounts are on … Continue Reading

    Gran Tierra Energy Inc. Completes Reverse Stock Split

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    CALGARY, Alberta, May 05, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) announced today that it has completed the previously announced 1-for-10 reverse stock split (the “reverse stock split”) of the Company’s common stock, par value $0.01 per share. The reverse stock split was previously approved by the Company’s board of directors in February 2023 and by the Company’s stockholders at the annual meeting of stockholders on May 3, 2023.

    The Company filed an amendment to its certificate of incorporation to effectuate the reverse stock split as of 12:01 a.m. Eastern … Continue Reading

    Gran Tierra Energy Inc. Announces Reverse Stock Split

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    CALGARY, Alberta, May 03, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) announced today that at its annual meeting of stockholders held on May 3, 2023, the Company’s stockholders have approved a 1-for-10 reverse stock split (the “reverse stock split”) of the Company’s common stock, par value $0.01 per share. The reverse stock split was previously approved by the Company’s board of directors in February 2023, subject to shareholder approval.

    The Company plans to file an amendment to its certificate of incorporation to effectuate the reverse stock split as of 12:01 … Continue Reading

    Gran Tierra Energy Announces Final Voting Results of its Annual Meeting of Stockholders

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    CALGARY, Alberta, May 03, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced the voting results from the Company’s annual meeting of stockholders held on May 3, 2023.

    Final Voting Results of Gran Tierra’s Annual Meeting of Stockholders: Stockholders elected all nine individuals nominated by Gran Tierra. In addition, stockholders voted “FOR” the ratification of the appointment of KPMG LLP as Gran Tierra’s independent registered public accounting firm for the fiscal year ending December 31, 2023, “FOR” the approval of the compensation of Gran Tierra’s named executive officers, and “FOR” … Continue Reading

    Gran Tierra Energy Inc. Announces First Quarter 2023 Results

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  • First Quarter 2023 Total Average Production of 31,611 BOPD, Up 8% from One Year Ago
  • Second Quarter-To-Date 2023(1) Total Average Production of Approximately 32,400 BOPD
  • Net Loss of $10 Million, Net Income of $115 Million Over Last 12 Months
  • Adjusted EBITDA(2) of $89 Million, $459 Million Over Last 12 Months
  • Funds Flow from Operations(2) of $60 Million, $339 Million Over Last 12 Months
  • Cash Balance of $106 Million and Net Debt(2) of $466 Million, as of March 31, 2023
  • Colombia Development Campaign Progressing with 14 Wells Drilled in the Quarter and Another 4 Wells
    • … Continue Reading