Gran Tierra Energy, Inc. Gran Tierra Energy Inc. Announces Appointment Of Chief Operating Officer

 
TIDMGTE 
 
   CALGARY, Alberta, Oct. 03, 2019 (GLOBE NEWSWIRE) -- Gran Tierra Energy 
Inc. ("Gran Tierra" or the "Company") (NYSE 
American:GTE)(TSX:GTE)(LSE:GTE) is pleased to announce the appointment 
of Mr. Tony Berthelet as Chief Operating Officer ("COO"). Mr. Berthelet 
is a Professional Engineer with over 20 years of multi-disciplinary 
upstream oil and gas experience and eight years of executive level 
leadership experience. He has held several senior management roles 
focused on production, operations and asset development, including the 
implementation and optimization of secondary and enhanced oil recovery 
projects. 
 
   Prior to joining Gran Tierra, Mr. Berthelet was the President and Chief 
Executive Officer of Strategic Oil and Gas Ltd. ("Strategic"), where he 
focused on implementing operational and organizational efficiencies 
while growing production and value from light oil fields in Western 
Canada. Prior to joining Strategic, he led the revitalization of the 
Cardium waterflood development for Obsidian Energy Ltd. as Vice 
President, Development and Operations. Earlier in his career, he gained 
international leadership experience through project management roles 
focused on enhanced oil recovery evaluation projects with Vermilion 
Energy Inc. in France and Nexen Inc. in Yemen. 
 
   Mr. Berthelet has a Bachelor of Science (Geological Engineering) from 
the University of Saskatchewan, is a practicing member of The 
Association of Professional Engineers and Geoscientists of Alberta and 
holds a Project Management Professional designation from the Project 
Management Institute. He is also an active member of Society of 
Petroleum Engineers. 
 
   Message to Shareholders 
 
   Gary Guidry, President and Chief Executive Officer of Gran Tierra, 
commented: "We are very pleased to have Tony join Gran Tierra in the new 
position of COO. He brings proven senior leadership capabilities and 
extensive experience in implementing and improving waterfloods to 
maximize ultimate oil recoveries. His skill set will complement the 
existing excellent teams at Gran Tierra and add immediate value to the 
Company's ongoing production ramp-up across our portfolio and future 
field developments." 
 
   Contact Information 
 
   For investor and media inquiries please contact: 
 
   Gary Guidry 
 
   President & Chief Executive Officer 
 
   Ryan Ellson 
 
   Executive Vice President & Chief Financial Officer 
 
   Rodger Trimble 
 
   Vice President, Investor Relations 
 
   [phone] 
 
   [e-mail] 
 
   About Gran Tierra Energy Inc. 
 
   Gran Tierra Energy Inc. together with its subsidiaries is an independent 
international energy company focused on oil and natural gas exploration 
and production in Colombia and Ecuador. The Company is focused on its 
existing portfolio of assets in Colombia and Ecuador and will pursue new 
growth opportunities throughout Colombia and Latin America, leveraging 
our financial strength. The Company's common stock trades on the NYSE 
American, the Toronto Stock Exchange and the London Stock Exchange under 
the ticker symbol GTE. Additional information concerning Gran Tierra is 
available at www.grantierra.com. Information on the Company's website 
does not constitute a part of this press release. Investor inquiries may 
be directed to [e-mail] or [phone]. 
 
   Gran Tierra's Securities and Exchange Commission filings are available 
on the SEC website at http://www.sec.gov and on SEDAR at 
http://www.sedar.com and UK regulatory filings are available on the 
National Storage Mechanism website at www.morningstar.co.uk/uk/nsm. 
 
   Forward-Looking Statements and Legal Advisories: 
 
   This press release contains opinions and other statements about future 
events or results that constitute forward-looking statements within the 
meaning of the United States Private Securities Litigation Reform Act of 
1995, Section 27A of the Securities Act of 1933, as amended, and Section 
21E of the Securities Exchange Act of 1934, as amended, and financial 
outlook and forward-looking information within the meaning of applicable 
Canadian securities laws (collectively, "forward-looking statements"), 
which can be identified by such terms as "expect," "plan," "project," 
"will," "believe," and other terms that are forward-looking in nature. 
Such forward-looking statements include, but are not limited to, the 
Company's expectations, strategies and operations. 
 
   Gran Tierra believes the material factors, expectations and assumptions 
reflected in the forward-looking statements are reasonable at this time 
but no assurance can be given that these factors, expectations and 
assumptions will prove to be correct. 
 
   Among the important factors that could cause actual results to differ 
materially from those indicated by the forward-looking statements in 
this press release are the risk factors detailed from time to time in 
Gran Tierra's periodic reports filed with the Securities and Exchange 
Commission, including, without limitation, under the caption "Risk 
Factors" in Gran Tierra's  Annual Report on Form 10-K for the year ended 
December 31, 2018 filed February 27, 2019 and its Quarterly Reports on 
Form 10-Q. These filings are available on the SEC website at 
http://www.sec.gov and on SEDAR at www.sedar.com. 
 
   All forward-looking statements included in this press release are made 
as of the date of this press release and the fact that this press 
release remains available does not constitute a representation by Gran 
Tierra that Gran Tierra believes these forward-looking statements 
continue to be true as of any subsequent date. Actual results may vary 
materially from the expected results expressed in forward-looking 
statements. Gran Tierra disclaims any intention or obligation to update 
or revise any forward-looking statements, whether as a result of new 
information, future events or otherwise, except as expressly required by 
applicable securities laws. Gran Tierra's forward-looking statements are 
expressly qualified in their entirety by this cautionary statement. 
 
 
 
 

(END) Dow Jones Newswires

October 03, 2019 17:00 ET (21:00 GMT)

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