8 de junio de 2016 / 19:07 / hace un año

BRIEF-Gran Tierra Energy Inc announces Colombian peso hedging program

June 8 (Reuters) - Gran Tierra Energy Inc :

* Gran Tierra Energy Inc. announces Colombian peso hedging program

* Transacted Colombian peso hedges with two banks, providing additional stability to forecasted cash outflows for $36 million USD from June 2016 to May 2017

* Receipt of a positive decision from Chamber of Commerce of Bogota Center for Arbitration and Conciliation Tribunal

* Tribunal found HPR royalty under Chaza contract was only payable when oil production from Moqueta Exploitation exceeded 5 million barrels

* Production threshold was reached on April 30, 2015,co has been paying HPR royalty on production from Moqueta Exploitation Area Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below