Gran Tierra Energy Inc. reported a total average WI production increase of 3% from the prior quarter, reaching 32,242 BOPD. The company generated $74 million in funds flow from operations and $19 million in free cash flow. The Arawana exploration well showed positive preliminary results.
Total average WI production was 32,242 BOPD, a 3% increase from the prior quarter.
Funds flow from operations reached $74 million, with a free cash flow of $19 million.
Positive preliminary results were observed in the Arawana exploration well.
The company repurchased approximately 0.9 million shares during the quarter.
Gran Tierra is well on track to meet its previously announced guidance for 2024.
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