June 19 (Reuters) - Gran Tierra Energy Inc GTE.TO :
* ANNOUNCES OPERATIONS UPDATE
* HAS OFFICIALLY SIGNED CONTRACTS FOR OUR THREE EXPLORATION BLOCKS IN ECUADOR
* CURRENTLY ADDRESSING SOME TEMPORARY OPERATIONAL ISSUES WHICH HAVE IMPACTED PRODUCTION
* COMPANY IS TAKING NECESSARY STEPS TO GET PRODUCTION BACK ON TRACK
* BELIEVES OIL RESERVES AND VALUES REMAIN INTACT AS CHALLENGES REPRESENT DEFERRAL OF PRODUCTION
* FROM APRIL 1, 2019 TO MAY 23, 2019, COMPANY PRODUCTION AVERAGED 37,700 BARRELS OF OIL PER DAY EQUIVALENT ("BOEPD")
* IN ACORDIONERO, COMPANY PROACTIVELY SHUT-IN TWO OIL PRODUCERS WITH HIGH GAS-OIL RATIOS
* TEMPORARY IMPACT TO PRODUCTION IS APPROXIMATELY 4,500 BOEPD IN ACORDIONERO