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The company has said that the Rio de Janeiro office will co-ordinate business development activities targeted at capturing high quality exploration and production opportunities in the onshore and shallow water offshore Brazil. The opportunities may include new bid round acreage, production enhancement on acreage that may be acquired with pre-existing operations, farm in opportunities, and mergers and acquisition transactions. In addition to a small office staff in Rio de Janeiro, Gran Tierra Energy is establishing a Brazilian technical team in Calgary that will work with Mr Moreira to evaluate Brazil opportunities. This team and Mr Moreira will report up through Shane O'Leary, COO, who previously worked closely with Mr Moreira in his capacity as business unit leader of EnCana Brazil. Mr Moreira has over 25 years of experience working for international companies in Brazil in senior business development positions. Most recently, he was managing director for IBV Petroleo, and Brazil country manager for EnCana. http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon For full details for GTRE click here.
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