Gran Tierra Energy (GTE) Message Board

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Gold/Mining/Energy : Gran Tierra Energy (GTE)

GTE 3.755

-1.1%

3:49 PM EDT

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To: architect* who wrote (153)	11/1/2010 10:02:43 PM
From: Cal Gary	Read Replies (1) of 161

Hi Architect Hypothetically, wouldn't it be smart for GTE to make a run at PDP in order to get the Peru block 106? Block 106 as you know is adjacent their farm-in to blocks 123, 124? Sell off all other pieces they don't want to others like PMG, other minnows, etc. That block 106 pipeline crossing N-S might come in handy in a few years. Do you know if that particular pipeline can handle heavy crude? PDP (and parent CLL) are reaching for 52 week lows while everyone else is straining for 52 week highs. Any sizable market correction might be the perfect storm.

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