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Gran Tierra Energy Inc. (TSX:GTE,AMEX:GTE) released its financial and operating results for the first quarter of 2012. An increase in the number of barrels of oil equivalent produced per day was a highlight for the quarter.
Gran Tierra Energy Inc. (TSX:GTE,AMEX:GTE) released its financial and operating results for the first quarter of 2012. An increase in the number of barrels of oil equivalent produced per day was a highlight for the quarter.
As quoted in the press release:
Quarterly production of 16,742 barrels of oil equivalent per day (“BOEPD”) net after royalty (“NAR”), a 15% increase in average daily production from the same period in 2011 of 14,546 BOEPD NAR. Daily consolidated production in April 2012 averaged approximately 20,700 BOEPD NAR.
Click here to read the full Gran Tierra Energy Inc. (TSX:GTE,AMEX:GTE) press release.