Gran Tierra Energy Inc. (GTE,GTE.TO) announced a capital spending program of US$195 million in 2010 for exploration and production development operations in Colombia, Peru, Argentina and business development activities in Brazil.
The company stated that it had US$151.6 million in cash at the end of third-quarter of 2009 and has no debt. The company expects the 2010 work program and budget to be funded from cash-flow from operations with the balance from cash on hand as necessary.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.