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Recs
Huge growth potential. If they report positive test results, shares could double.
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The huge potential
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High growth company in a very high demand industry. Unleveraged and will have a very profitable 2008. Great contracts in South America, all the makings for a possible very big hitter in the portfolio.
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June Top 10 Stockscouter pick
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New Hi
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New Oil discoveries and more on the horizon! Solid Management. 350% growth in revenue. Building its reserves! Works for me!
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At a time of high oil prices Gran Tierra Energy will be instumental in in the South American regions oil exploration and production. The company has recently tested operation of a new well drilled in Columbia at over 2500 barrels of oil per day.
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GRAN TIERRA ENERGY, INC is a promising oil company that has plenty of potential. Its recent listing on the AMEX will most likely attract many investors. The timing of its debue is perfect and stands to benefit from an overwhelming wall street interest in oil and gas investments.
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Great management, great discovery in Colombia. They should have a steady stream of good news, and now that they are listed on the AMEX, they are very visible.
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Gran Tierra Energy a Canadian independent oil company is engaged in oil and gas exploration, development and production in Columbia Argentina and Peru. Significant oil reserve additions resulted from drilling success on company properties in Colombia and Argentina in 2007. This has transformed the company from an exploration company to a rapidly growing exploration and production company. Gran Tierra Energy started 2008 with an interesting group of exploration and development opportunities and a solid production base.
This is a chance to buy stock in a promising oil company at the ground floor level. While this stock may be considered speculative at this time, it should outperform.
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Oil prices are only going to trend upward. A North American company with successful exploration in Columbia, Argentina and Peru, GTE is operating in a more stable part of the world than many others. Q4 07 showed a profit. As delivery systems are put in place and additional wells come on line, this stock will easily beat the S & P.
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Gran Tierra has proven that they can successfully target, acquire, and create value (via producing) in underdeveloped lands. This track record of success will not go unnoticed. Any acquisition from a Big Oil firm will come with a very high price valuation. And even if Big Oil doesn’t come calling, GTRE will still increase shareholder value as they simultaneously ramp up their production and cash flow. It’s a very exciting story, and as early investors, we can profit as GTRE evolves into a significant international oil and gas company.
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So much more room to grow. Buying it at under $4.00 is a bargain.
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All Exploration results positive, once pipeline is laid and paid for and they can stop trucking the stuff earnings will leap. Wait for about a week after production report for Costayaco-3 (assuming its good) and let the market run up/sell off, and then buy in.
As of writing, 3/6/08, there should be a good entry point pre earnings in a few weeks, as well, w/ a higher risk reward as there are still some unkowns as to cost of recent infrasturcture improvements and of course the success of the 3rd well.
Target = $12 ; Timeframe = 8-18 months.
I have owned this stock since 12/15/07 +/-.
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This stock will either go to 10 within 2-3 yrs or be bought out at similar value prior to that. Seasoned technical profesionals running the show.
Financing put in place by SMH capital, a Houston, TX firm that specializes in O&G offerings, which means this mgmt team is no fly by night OTCBB outfit.
Soon expected to be listed on Toronto stock exchange, and more analysts following company/wieghing in with strong buy recomendations by the month.
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