Scandoil  

Gran Tierra Energy announces year-end reserves


Published Feb 4, 2015
Gran Tierra Energy Inc.

Gran Tierra Energy Inc. announced the results of an independent reserve evaluation of the company's reserves by Gran Tierra Energy's qualified reserve evaluator GLJ Petroleum Consultants Ltd. effective December 31, 2014.

Through continued strong reservoir management and appraisal drilling in Colombia and Brazil in 2014, Gran Tierra Energy has achieved another successful year of replacing production and adding reserves.

However in Peru, negative well results after year-end will result in reserves being revised downward. The results of our development program in the Moqueta field in Colombia have been encouraging, adding approximately 14% to our existing Proved (1P) company interest reserves in that country. Reservoir performance and additional development drilling contributed to positive 1P reserves technical adjustments at Costayaco.

Tags: Gran Tierra Energy Inc.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml