Gran Tierra Energy Inc. (NYSE:GTE)(TSX:GTE)(LSE:GTE) has announced the company’s financial and operating results for the quarter ended March 31, 2020. All dollar amounts are in US dollars and production amounts are on an average working interest before royalties basis unless otherwise indicated. Per barrel (“bbl”) of oil equivalent (“BOE”) amounts are based on WI sales before royalties. For per BOE amounts based on net after royalty (“NAR“) production, see Gran Tierra’s Quarterly Report on Form 10-Q filed May 11, 2020.
Average Production During the Quarter: Was 29,527 BOE per day, down 10% from fourth quarter 2019; during the Quarter, volumes were impacted by suspended production at the Suroriente and PUT-7 Blocks in the southern Putumayo region due to a local farmers’ blockade, deferred development drilling, shut-in of higher cost