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Gran Tierra announces prospective resource potential for exploration portfolio in Peru


Published Jan 31, 2014
Gran Tierra Energy Inc.

Gran Tierra Energy Inc. provided a summary of the prospective resource potential of its exploration portfolio in Peru, in addition to a drilling update for its operations in Colombia and Brazil.

"Over the last several years, Gran Tierra Energy has been maturing its exploration portfolio in Peru, with the intent to establish an exploration program that is capable of substantial growth for years to come, above and beyond our recent success at the Bretaña field. Our team has identified 20 prospects and leads on our 5.8 million underexplored gross acres in Peru. The top 4 prospects that we plan to drill in coming years, beginning in 2015, have a gross unrisked mean prospective resource potential of over 1.6 billion barrels of oil," commented Dana Coffield, President and Chief Executive Officer of Gran Tierra Energy.

Tags: Gran Tierra Energy Inc.




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