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Gran Tierra Tags $55MM For South American Projects

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April 11, 2011

Calgary-based Gran Tierra Energy Inc. (NYSE AMEX: GTE; Toronto: GTE), a company focused on oil and gas exploration and production in South America, has announced capital spending plans on the recently acquired Petrolifera Petroleum Ltd. assets.

Gran Tierra Energy intends to spend approximately $55 million on the newly acquired assets with approximately $25 million in Colombia, ...

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