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    Diego EspinozaBTG Pactual

    Diego Espinoza's questions to Gran Tierra Energy Inc (GTE) leadership

    Diego Espinoza's questions to Gran Tierra Energy Inc (GTE) leadership • Q2 2024

    Question

    Diego Espinoza of BTG Pactual inquired about the expected capital expenditure for the second half of the year and whether the recent positive change in working capital was sustainable or likely to reverse.

    Answer

    EVP and CFO Ryan Ellson confirmed that the company remains comfortable with its existing full-year capital expenditure guidance. He clarified that the working capital release was a one-time item resulting from tax filings and is not expected to reverse in the following quarters.

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