Gran Tierra Energy Inc. provided production guidance for the full year 2022. The company believes its ability to keep production flat quarter-on-quarter demonstrates the ongoing successful results from the Company's waterflooding efforts in all major assets. The ongoing infill development drilling campaigns in the Acordionero and Costayaco oil fields are expected to increase the Company's full year 2022 average production into the guidance range of 30,500-32,500 BOPD.

The ramp up in production from first quarter 2022's level is expected to begin in the latter half of second quarter 2022 as new Acordionero and Costayaco oil wells are brought online.