Robert Mann's questions to GRAN TIERRA ENERGY (GTE) leadership • Q1 2025
Question
Robert Mann of Scotiabank inquired about the progress and future expectations for the Acordionero waterflood optimization program and sought details on the strategic rationale behind the recent acquisition of 21 sections of land in Central Alberta.
Answer
COO Sebastien Morin explained that the Acordionero strategy involves continuous daily surveillance and optimization of each well and sector. CEO Gary Guidry added that the newly acquired Nisku play in Alberta is showing exciting potential, with a 3-mile horizontal well currently cleaning up, and the company is exploring joint venture opportunities for the large play.