Exciting News from Gran Tierra Energy Inc.!

2025 Capital Budget and Production Guidance

CALGARY, Alberta, Jan. 23, 2025 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) recently announced its 2025 capital budget, production guidance, and operational update. This is a significant milestone for the company as they plan for the upcoming year.

Details of the Announcement

All dollar amounts mentioned in the announcement are in United States dollars. The production volumes are on a working interest before royalties basis and are expressed in barrels of oil equivalent (“boe”) per day (“BOEPD”), unless stated otherwise.

Gran Tierra Energy Inc.’s capital budget for 2025 outlines the company’s investment plans for the year. This budget will dictate the company’s spending on exploration, drilling, and production activities, among other things.

In addition to the capital budget, Gran Tierra Energy Inc. also provided production guidance for 2025. This guidance gives investors and stakeholders an idea of the company’s expected production levels for the year.

How This Announcement Will Impact Me

As a stakeholder in Gran Tierra Energy Inc., this announcement is crucial as it gives me insight into the company’s plans for the coming year. The capital budget and production guidance will help me make informed decisions about my investment in the company.

How This Announcement Will Impact the World

Gran Tierra Energy Inc.’s 2025 capital budget and production guidance will have a ripple effect on the world. As a significant player in the energy industry, the company’s decisions can impact global oil markets and energy supply chains.

Conclusion

In conclusion, Gran Tierra Energy Inc.’s recent announcement of its 2025 capital budget and production guidance is a significant development for the company and its stakeholders. It provides clarity on the company’s plans for the upcoming year and sets the stage for future growth and success.