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News Breaks | | | | January 7, 2013 | | 05:23 EDT |  | GTE | Gran Tierra Energy announces successful oil flow tests in Columbia, Argentina
Gran Tierra Energy provided updates for its exploration and operation activities in Colombia, Argentina, Peru and Brazil. "Gran Tierra Energy has confirmed additional resource potential with successful oil flow testing of the Moqueta-7 appraisal well at the Moqueta oil discovery in Colombia, which we are continuing to evaluate with the recently drilled Moqueta-8 appraisal well. We have yet to define the boundaries of the growing field, and are currently planning the next three wells to continue the appraisal program in the first half of 2013." said Dana Coffield, president and CEO of Gran Tierra Energy. "In addition, Gran Tierra Energy has successfully completed its first multi-stage fracture stimulated horizontal well. This successful application of technology to a new tight reservoir in Argentina has delivered outstanding results, and the experience from this well will serve us well as we expand the application of this technology to our drilling program in Brazil," concluded Coffield. | |
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| May 16, 2013 | | 17:04 EDT | | GTE | Gran Tierra Energy announces successful acreage awards in Brazil
Gran Tierra Energy announced successful bids on three blocks in the recently completed 2013 Brazil Bid Round administered by Brazil's Agencia Nacional de Petroleo, Gas Natural e Biocombustiveis, or ANP. The open and competitive process was available to those pre-qualified by the ANP and successful bid contracts are expected to be finalized by August. | |
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