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Stock Market & Financial Investment News

News Breaks
April 17, 2013
07:14 EDTGTEGran Tierra Energy reports record quarterly production of 21,860BOEPD
Gran Tierra Energy provided updates for its production and exploration drilling in Colombia, Peru and Brazil. Average daily consolidated light and medium crude oil and natural gas production Net After Royalty - NAR - before inventory adjustments for the three months ended March 31 increased 21% to approximately 21,860 barrels of oil equivalent per day - BOEPD - NAR. Approximately 97% was oil and natural gas liquids. Average daily Colombian production of light and medium crude oil and natural gas for the three months ended March 31 increased 18% to 17,850 BOEPD NAR before inventory adjustments. The production is primarily from the Costayaco and Moqueta fields in the Chaza Block in which Gran Tierra Energy has a 100% working interest. Colombia's Moqueta-9D appraisal well was spud on January 20. The Moqueta-10 well has begun drilling. This well will be followed by Moqueta-11, which is planned to be a production well. In Peru's Block 95, with a 100% working interest, Gran Tierra Energy has initiated drilling of the horizontal side-track extension of the Breta a Norte 95-2-1XD oil discovery well. Plans are ongoing to initiate long-term testing from this horizontal well, with production to be initiated within a year. In Brazil's Block 142 with 100% working interest and operator, Gran Tierra Energy's horizontal multi-stage fracture stimulation exploration drilling program in the Rec ncavo Basin onshore Brazil is ongoing, with results of the program expected mid-year.
News For GTE From The Last 14 Days
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April 23, 2015
07:22 EDTGTEGran Tierra issues letter on board nominees from West Face Capital
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April 22, 2015
17:36 EDTGTEGran Tierra statement on West Face Capital intent to nominate 6 board members
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10:02 EDTGTEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alcatel-Lucent (ALU) upgraded on post-merger outlook at Bernstein... Amazon.com (AMZN) upgraded to Buy, price target raised to $450 at Monness Crespi... BNP Paribas (BNPQY) upgraded to Overweight from Equal Weight at Morgan Stanley... Dolby (DLB) upgraded to Overweight from Neutral at JPMorgan... First Defiance (FDEF) upgraded to Outperform from Market Perform at Raymond James... Gran Tierra (GTE) upgraded to Buy from Neutral at Dundee... Grupo Aval (AVAL) upgraded to Buy from Neutral at Goldman... Manhattan Associates (MANH) upgraded to Buy from Hold at Benchmark Co.... Marriott (MAR) upgraded to Buy from Neutral at MKM Partners... Masco (MAS) upgraded to Outperform from Market Perform at FBR Capital... Nokia (NOK) upgraded on post-merger outlook at Bernstein... Packaging Corp. (PKG) upgraded to Buy from Hold at Deutsche Bank... Rayonier (RYN) upgraded to Sector Perform from Underperform at RBC Capital... Rogers Communications (RCI) upgraded to Buy from Neutral at BofA/Merrill... Sanofi (SNY) upgraded to Neutral from Sell at Citigroup... Select Comfort (SCSS) upgraded to Outperform from Neutral at Wedbush... UniCredit (UNCFF) upgraded to Buy from Sell at Berenberg... Zions Bancorp (ZION) upgraded to Outperform from Market Perform at FBR Capital.
09:17 EDTGTEGran Tierra upgraded to Buy from Neutral at Dundee
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April 21, 2015
15:24 EDTGTEWest Face reports 9.78% stake in Gran Tierra, seeks to change board, management
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10:01 EDTGTEOn The Fly: Analyst Downgrade Summary
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06:06 EDTGTEGran Tierra downgraded to Sector Performer from Outperformer at CIBC
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April 15, 2015
10:00 EDTGTEOn The Fly: Analyst Downgrade Summary
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07:29 EDTGTEGran Tierra downgraded to Hold at Canaccord
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06:13 EDTGTEGran Tierra downgraded to Hold from Buy at Canaccord
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