Strong Production Increase
Gran Tierra averaged 42,685 BOE per day in Q3 2025, up roughly 30% from a year ago, driven by the Canadian acquisition and exploration success in Ecuador.
Record Production in Ecuador
Achieved record production of greater than 5,000 barrels per day in August and over 6,000 barrels per day in early October in Ecuador, with successful drilling operations like the Conejo A-1 exploration well.
Successful Waterflood Operations
The Cohembi waterflood project more than doubled production, increasing from 2,800 barrels to 6,700 barrels a day, with total field production recently reaching over 9,000 barrels per day.
Financial Flexibility and Cash Flow
Closed a new prepayment facility backed by Ecuadorian crude production for $150 million, with potential for an additional $50 million, and generated $48 million of operating cash flow, up 39% from Q2.