Gran Tierra Energy Inc. Reports Seventh Consecutive Year of South American Reserves Growth - Gran Tierra Energy (AMEX:GTE)

Gran Tierra Energy Inc. Reports Seventh Consecutive Year of South American Reserves Growth - Gran Tierra Energy (AMEX:GTE)

Seventh Consecutive Year of South American Reserves Growth With Over 100% Reserve Replacement PDP and 2P World Class Resource Base Captured Including 2P Reserves of 258 MMBOE 1P and 2P Reserve Life Index of 8 and 15 Years, Respectively Net Present Value Before Tax Discounted at 10% of $1.5 Billion (1P), $2.5 Billion (2P), and $3.3 Billion (3P) Net Asset Value per Share of $22.63 Before Tax and $13.62 After Tax (1P), and $51.09 Before Tax and $31…

Gran Tierra Energy Inc. Reports Seventh Consecutive Year of South American Reserves Growth

Seventh Consecutive Year of South American Reserves Growth With Over 100% Reserve Replacement PDP and 2PWorld Class Resource Base Captured Including 2P Reserves of 258 MMBOE1P and 2P Reserve Life Index of 8 and 15 Years, RespectivelyNet Present Value Before…

Oil producer Gran Tierra banks 15-year reserves, $3.3B NPV

Seventh straight year of South American reserves growth gives Gran Tierra 1P NAV of $0.8B and 2P NAV of $1.8B, underpinning a reserve life of up to 19 years.