August 7, 2012 / 10:18 AM / 5 years ago

Gran Tierra profit falls on lower output

Aug 7 (Reuters) - Canadian oil exploration and production company Gran Tierra Energy Inc reported a lower quarterly profit as production was hit by pipeline disruptions.

Second-quarter profit fell to $13.1 million, or 5 cents per share, compared with $31.6 million, 11 cents per share, a year earlier.

Revenue and other income fell 29 percent to $115.2 million.

Quarterly production fell 22 percent to 16,306 barrels of oil equivalent per day.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below