And, like Crescent Point, it is internally funding any new drilling. These are all good things. And remember, Baytex shares traded hands at $20 each a year ago, back when crude was $60 per barrel. There's no guarantee this will happen again, of course, but I am fairly certain once oil hits that level again shares will be substantially higher than they are today. Gran Tierra Gran Tierra Energy Inc. ( TSX:GTE )(NYSE:GTE) is an oil producer operating primarily in Colombia. Colombia is an attractive place to be because of its massive reserves, low-cost workforce, and royalties that are among the lowest in the whole world. The company's balance sheet is one of envy among its peers. The company is currently sitting on US$180 million in cash with zero debt. The company also has a credit facility of US$185 million to finance future production growth. Even if crude averages $50 per barrel over the next few years, Gran Tierra's upcoming production will still be profitable.