Canadian gas and oil firm to trade on LSE - Business Leader News

Canadian gas and oil firm to trade on LSE

London Stock ExchangeGran Tierra Energy Inc. has announced that its common stock is expected to be admitted today to the standard listing segment of the Official List of the Financial Conduct Authority and to trading on the main market of the London Stock Exchange under the ticker “GTE”.

Gran Tierra is an independent international exploration and production company focused in onshore Colombia.

The Company’s common stock will also continue to trade on the NYSE American and on the Toronto Stock Exchange.

Gary Guidry, President and CEO of Gran Tierra, commented: “Commencement of trading on the LSE today marks an important milestone for Gran Tierra, as we continue to profitably grow our exploration and production business in Colombia. We are seeking to expand our investor base at a very exciting time for the Company.

“Our senior management team is very pleased to be returning to the LSE where we previously achieved a supportive shareholder following in the past at Caracal Energy Inc. As with previous companies we have managed such as Caracal, we are committed to creating long-term shareholder value through employing capital discipline and focusing on increasing net asset value three to five times over the next five years. With an excellent track record of profitably growing production, reserves and our resource base in Colombia, we look forward to sharing Gran Tierra’s potential future successes with the London and European investment communities.”