Stocks in Play

Gran Tierra Energy

09:50 AM EST - Gran Tierra Energy : Thursday announced successful bids on three blocks located north of its core existing areas in the Recôncavo Basin onshore Brazil. The company said the three blocks encompass 20,658 gross acres of land under an initial three-year exploration period, during which it is committed to drill 5 exploration wells, acquire 84 square kilometers of 3D seismic data and pay a signature bonus of approximately $16.5 million upon finalization of the concession agreement. Gran Tierra Energy
shares T.GTE are trading up $0.04 at $6.50.