Gran Tierra Energy Inc. shares fall 1.15% after-hours as GeoPark seeks to re-enter Argentine oil and gas sector.

Gran Tierra Energy Inc. declined 1.15% in after-hours trading. GeoPark's strategic return to Argentina's oil sector, particularly in the Neuquén Basin, may have influenced investor sentiment negatively, as it could potentially divert resources and attention away from Gran Tierra Energy's operations. Additionally, Frontera Energy Corporation's announcement of a $455.2 million net loss due to non-cash impairment charges related to its interest in the Corentyne License and Ecuadorian assets may have contributed to the decline, as it reflects broader challenges in the energy sector.