Gran Tierra Energy GTE Q2 2026 earnings

“Our second quarter results benefited from a stronger commodity price environment, reduced total operating costs and the continued strength of our portfolio, with production within our guidance range and improved margins and cash generation across the business. During the Quarter, we advanced several priorities that make our portfolio more durable. We completed our capital carry at Suroriente, improving the profitability on the block and satisfied the conditions precedent for the Tisquirama contract, adding another growth opportunity in Colombia. In Ecuador, we received additional field development plan approvals and are transitioning from exploration into development. In Canada, we continued to optimize the portfolio with the sale of our Lodgepole assets and sharpened our focus on the resource potential in the Dawson Clearwater and Mount Head areas. The resource report disclosed in this release speaks to the scale of that opportunity, and Dawson Clearwater and Mount Head will be a focus of our drilling activity in 2027. Looking ahead, our priorities remain unchanged. We will allocate capital with discipline, operate our fields safely and reliably, and continue to strengthen our balance sheet, generate free cash flow and build long-term value for our shareholders.”