GMT Capital buying at Gran Tierra Energy (GTE)

GMT Capital buying at Gran Tierra Energy (T:GTE)

GMT Capital Corp, a 10% Holder, acquired the following Common Shares at a price of US$2.31 on May 4th, 2017:

- 498,300 Common Shares on an indirect ownership basis for registered holder Bay II Resource Partners LP
- 586,000 Common Shares on an indirect ownership basis for registered holder Bay Resource Partners LP
- 889,700 Common Shares on an indirect ownership basis for registered holder Bay Resource Partners Offshore Master Fund LP
-   26,000 Common Shares on an indirect ownership basis for registered holder K2 Bay Resource Partners Master Fund Ltd.
-   68,800 Common Shares on an indirect ownership basis for registered holder Thomas E Claugus.

 This represents a $6,530,405 investment into the company's shares and an account share holdings change of 4.7%.


Gran Tierra Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Gran Tierra Energy Inc. is an energy company engaged in oil and gas acquisition, exploration, development and production. The Company focuses on onshore oil and gas properties in Colombia, and also own rights to oil and gas properties in Brazil and Peru. Its segments are Colombia, Peru and Brazil based on geographic organization. It operates principally in the Putumayo Basin in Colombia, and has properties in other basins, including the Catatumbo, Cauca, Llanos, Sinu-San Jacinto, Middle Magdalena and Lower Magdalena Basins. It has interests in over 30 blocks in Colombia and it is the operator on over 20 of these blocks. Its blocks and fields include Chaza-Costayaco and Moqueta Fields, Guayuyaco-Guayuyaco and Juanambu Fields, Garibay-Jilguero Field and over 11 Other Blocks. Blocks REC-T-129, REC-T-142, REC-T-155 and REC-T-224 are located over 70 kilometers northeast of Salvador, Brazil in the Reconcavo Basin. Its blocks in Peru include Block 123, Block 129, Block 107 and Block 133. Gran Tierra Energy Inc. (GTE) has a high amount of executive buying compared to its mid-cap peers in the market over the past three months. According to regulatory filings yesterday, four insiders have invested a total amount of $6,779,094.