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    Robert MannRBC Capital Markets

    Robert Mann's questions to Gran Tierra Energy Inc (GTE) leadership

    Robert Mann's questions to Gran Tierra Energy Inc (GTE) leadership • Q1 2025

    Question

    Robert Mann of Scotiabank inquired about Gran Tierra's waterflood optimization program at the Acordionero field and the strategic rationale behind the recent acquisition of 21 sections of land in Central Alberta.

    Answer

    Sebastien Morin, Chief Operating Officer, explained that the Acordionero optimization involves continuous daily surveillance and managing the field in sectors for quick cycle times. Gary Guidry, President and CEO, added that the new Alberta land is part of an exciting Nisku play with great potential, and the company is exploring joint ventures.

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    Robert Mann's questions to Gran Tierra Energy Inc (GTE) leadership • Q4 2024

    Question

    Robert Mann requested any available updates on the Iguana exploration well in Ecuador and asked for the company's expectations regarding the impact of LNG Canada Phase 1 coming online.

    Answer

    President and CEO Gary Guidry provided an update on the Iguana well, stating it has been cased and is now entering the completion and testing phase. EVP and CFO Ryan Ellson addressed the natural gas outlook, noting that while 2025 is expected to be choppy, the company is long-term bullish on natural gas and has a significant hedge position in place.

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