Investor Presentation APRIL 2015 1 GRAN TIERRA ENERGY INC.
Company Summary PRODUCTION FROM CONTINUING Portfolio to Fuel Growth COLOMBIA: OPERATIONS:25,182 BOEPD* before Reserves, production, cash flow platform and inventory adjustments diverse inventory of exploration potential in…
Value Creation Strategy Risk Managed Value Creation is Central to Gran Tierras Strategy Financial Flexibility Cost Optimization Strong balance sheet, no debt Achievements to date: Capital spend and program Strong Production Base…
Company Reserves Colombia Colombia And And Reserve change from 2013 to 2014 largely Brazil Brazil COMPANY due to the reclassification of Bretaa MMBOE MMBOE GROSS WI RESERVES AT DEC. 31, 2014 (SEC) (COGEH) Reserves in Peru to…
Land, Reserves and Resources by Country 31 BLOCKS: COLOMBIA, PERU AND BRAZIL* 9.9Million gross acres 50 * 40 (9.3 Million net acres) 30 20 10 Brazil MMBOE MMBOE GROSS WI RESERVES AT DEC. 31, 2014 (SEC) (COGEH) 0 2005…
Portfolio of Opportunity When oil returns to a higher price, GTE to initiate multi-year drilling plan: 66 Leads and Colombia Prospects Planning continues to deliver a high potential program in Colombia Diverse inventory of high…
Core Growth in Colombia Growth Through Exploration, Development and Capture of Inorganic Growth Opportunities Multiple acquisition opportunities are currently under evaluation that offer significant potential for reserves and production…
Putumayo Basin Core Position 9 BLOCKS* 563,829 GROSS ACRES* 459,884 NET ACRES* Under-explored basin Dominant land position in foothills trend with a prolific hydrocarbon system Recently acquired new Blocks; Put-31 and farm-in…
Costayaco Field Core Asset Technical Excellence in Reservoir Management Costayaco Light and Medium Oil Reserves (Gross WI)*: Track record of reserves progression MMBO MMBO Reserves growth with improved recovery RESERVES CATEGORY…
Moqueta Oil Discovery GROWING THE PLATFORM New Reserves Near Term Growth Moqueta Light and Medium Oil Reserves (Gross WI)*: TOP RESERVOIR 3-D DEPTH MAP MMBO MMBO RESERVES CATEGORY (SEC) (COGEH) Proved 15.5 15.3 Probable 7.8 7.9…
Sinu-San Jacinto Basin Jaraguay Norte- 1 Discovery in 1981 New Exploration Concept in the Basin Prospectivity associated with structural closures at the flanks of mud diapirs Hydrocarbon generation in the depocenters rimmed by the…
Peru 5.7 Million gross acres Mid and Long-term Growth Opportunity Transformational exploration potential Significant step-change growth possibilities 17 GRAN TIERRA ENERGY INC.
Blocks 133 and 107 Block 107 and 133 New 2D seismic acquired, five new prospects and leads identified on Block 107 Osheki-1 exploration well expected to be drilled in 1H 2017 Pre-drill civil contracts possibly to commence in 2H…
Blocks 123 and 129 Block 123 and 129 Immediately up-dip and along strike from prolific Maraon Basin producing fields New 2D seismic acquired, prospects mapped Well permitting process to begin in June Potential drilling in 1H…
Brazil MODERN CONCEPTS & TECHNOLOGY IN A MATURE BASIN 100% WI in 7 Blocks 47,733 gross acres 2P Gross WI reserves in the Ti field increased 48% from year-end 2013 to 5.6 MMBOE (SEC compliant at Dec. 31, 2014) Expect to average…
Corporate Social Responsibility KEY TO SUCCESS CSR plan ongoing to deliver sustainable value to our stakeholders through responsible resource development. We are integrating economic, and social and environmentally beneficial…
Corporate Social Responsibility (contd.) A Shared Value Approach Responsible for delivering sustainable Principles for Corporate value to our stakeholders by integrating Social Responsibility (CSR): economic and social value and…
Capital Market Summary Symbol (NYSE MKT, TSX): GTE Basic & Diluted Shares Outstanding1: 284 Million Director and Officer Ownership2: 4.0% Director and Officer Ownership3: 3.0% Share Price (at close April 22, 2015): US3.56 Market…
2015 Capital Program and Financial Position 140 Million* No Debt includes 1mm in Corporate Activities 2015 CAPITAL PROGRAM COLOMBIA: 66mm PERU: 45mm BRAZIL: 28mm *As announced in February 8, 2015 press release 26 GRAN…
200, 150 - 13th Avenue SW Calgary, Alberta, Canada T2R 0V2 27 GRAN TIERRA ENERGY INC.