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BRIEF-Gran Tierra Energy Inc. Announces 2020 Guidance And Operational Update

Published 2019-12-10, 07:27 a/m
Updated 2019-12-10, 01:53 p/m
© Reuters.  BRIEF-Gran Tierra Energy Inc. Announces 2020 Guidance And Operational Update

Dec 10 (Reuters) - Gran Tierra Energy Inc GTE.TO :

* GRAN TIERRA ENERGY INC. ANNOUNCES 2020 GUIDANCE AND OPERATIONAL UPDATE

* GRAN TIERRA ENERGY INC - EXPECTS 2020 AVERAGE PRODUCTION OF 35,500 TO 37,500 BOEPD

* GRAN TIERRA ENERGY INC - EXPECTS ITS CREDIT FACILITY TO BE FULLY REPAID BY YEAR-END 2020

* GRAN TIERRA ENERGY INC - INCREASING PRODUCTION IN ACORDIONERO AND EXPANSION OF FIELD

* GRAN TIERRA ENERGY INC SEES 2020 CASH FLOW OF $270-290 MILLION

* GRAN TIERRA ENERGY - PLAN TO RAMP UP PRODUCTION AT ACORDIONERO TO OVER 20,000 BOPD DURING 2020

* GRAN TIERRA ENERGY - IN 2019, PRODUCTION TEMPORARILY IMPACTED IN SOUTHERN PUTUMAYO REGION & AT ACORDIONERO OIL FIELD IN MIDDLE MAGDALENA VALLEY BASIN

* GRAN TIERRA ENERGY - CONTINUE TO SEE NO ISSUES WITH LONG-TERM RESERVOIR PERFORMANCE IN MAIN FIELDS AT ACORDIONERO, COSTAYACO, MOQUETA AND COHEMBI

* GRAN TIERRA ENERGY INC - ACORDIONERO PRODUCTION IS BACK ON TRACK AND IS EXPECTED TO INCREASE THROUGHOUT 2020

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