June 8 (Reuters) - Gran Tierra Energy Inc GTE.TO :
* Gran Tierra Energy Inc. announces Colombian peso hedging
program
* Transacted Colombian peso hedges with two banks, providing
additional stability to forecasted cash outflows for $36 million
USD from June 2016 to May 2017
* Receipt of a positive decision from Chamber of Commerce of
Bogota Center for Arbitration and Conciliation Tribunal
* Tribunal found HPR royalty under Chaza contract was only
payable when oil production from Moqueta Exploitation exceeded 5
million barrels
* Production threshold was reached on April 30, 2015,co has
been paying HPR royalty on production from Moqueta Exploitation
Area
Source text for Eikon:
Further company coverage: GTE.TO
(Bengaluru Newsroom: +1 646 223 8780)