02:57 PM EST - Gran Tierra Energy Inc. : announced a new capital spending program of US$198 million in 2009 for exploration and production development operations in Colombia, Peru, and Argentina. The company's proposed budget includes the drilling of seven exploration wells and six development wells in Colombia, in addition to seismic acquisition programs in Colombia, Peru, and Argentina. Gran Tierra Energy Inc.
shares T.GTE are trading up 25 cents at $3.23.
