The Work Index by Flexa

Gran Tierra Energy

Gran Tierra Energy is a publicly-listed international exploration and production company focused on oil and natural gas operations in Colombia and Ecuador.

5.8

/10

Transparency ranking

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Description

Gran Tierra Energy is a publicly traded international exploration and production company, primarily focused on Colombia and Ecuador. Their strategic approach emphasizes proven, under-explored conventional hydrocarbon basins with access to established infrastructure and favorable fiscal regimes. Gran Tierra boasts a diversified, high-quality asset base, operating a total of 25 blocks spanning three basins and over 1.4 million gross acres in both countries. Their core assets are all under waterflood at various stages of maturity, with a focus on generating substantial free cash flow over the next decade.

The company prides itself on its commitment to environmental stewardship and social responsibility, operating under a "Beyond Compliance" philosophy. They actively engage with local communities, prioritize local goods and services, invest in social and environmental projects, and strive to reduce their environmental impact. This approach has resulted in a track record of positive community engagement and responsible operations, further strengthening their reputation and attracting investors seeking long-term value.

Mission

Gran Tierra Energy is a publicly-listed international exploration and production company focused on Colombia and Ecuador. Gran Tierra aims to grow cash flow from existing assets and reserves through enhanced oil recovery techniques and allocate a percentage of free cash flow to its extensive exploration resource base. The company’s strategic approach is disciplined and focused on developing its world-class asset base and commencing exploration drilling in proven, under-explored conventional hydrocarbon basins with access to established infrastructure and competitive fiscal regimes.

Environmental impact driven
Social impact led
Sustainability

Culture

Gran Tierra Energy promotes a culture of ethical business practices, prioritizing safety and environmental stewardship. The company emphasizes a commitment to transparency and open communication with stakeholders, particularly in the communities where they operate. This is reflected in their robust social investment programs, which aim to create meaningful opportunities for economic growth and community development. The company also emphasizes the importance of diversity and inclusion within its workforce.

People-first
Progressive
Transparent

DE&I

Gran Tierra Energy is committed to creating a diverse, equitable, and inclusive workplace. They actively promote diversity across all levels of the company, with 36% of their 352 employees being women, exceeding the industry average of 20%. Gran Tierra implements various initiatives to foster inclusivity, including an anonymous whistleblower reporting program, a certificate of code of conduct signed by 100% of employees, and commitment to ethical conduct and compliance. They also provide human rights awareness and training for employees and engage their Board of Directors with a majority voting standard. These efforts are aimed at creating a work environment where all employees feel valued and respected, regardless of their background.

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