RBC 2015 Global Energy & Power Executive Conference June 2015 1 GRAN TIERRA ENERGY INC.
Contents I. Gran Tierra Overview II. Colombia: Core Asset Base III. Peru & Brazil IV. Mexico: Long Term Strategic Option V. Corporate Social Responsibility 3 GRAN TIERRA ENERGY INC.
Section I GRAN TIERRA OVERVIEW 4 GRAN TIERRA ENERGY INC.
Investment Highlights Newly appointed management team with significant experience and proven track record 1 Team with operational and technical experience across North America, Latin America, Asia, Europe, Middle East and Africa Team…
Company Overview Market Statistics Symbol (NYSE MKT, TSX) GTE Share Price (at close May 22, 2015) US3.33 Basic & Diluted Shares Outstanding1 286 MM Market Capitalization5 US952 MM Working Capital 6 US181 MM Enterprise Value5 US771…
Newly Appointed Team Experience 2011 - 2014: President & CEO of Caracal Energy with operations in Chad - sold to Glencore for 1.8bn Gary Guidry 2005 - 2009: President & CEO of Tanganyika with operations in Syria - sold to Sinopec for…
Immediate Plans Focus on Core Assets Colombian Exploration Colombian Growth Maintain and grow High grade Colombian Opportunities Continue evaluation on COLOMBIA production in Costayaco exploration portfolio and Moqueta…
Section II COLOMBIA: CORE ASSET BASE 10 GRAN TIERRA ENERGY INC.
Colombia LEADING OPERATOR IN AN ATTRACTIVE E&P ENVIRONMENT Supportive Economic Strong economic environment with a pro-western government that ensures contract stability Environment Well educated and high-quality national…
Putumayo Basin CORE POSITION 9 BLOCKS1 563,829 GROSS ACRES1 459,884 NET ACRES1 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 growth, with improved MMBO MMBO recovery RESERVES CATEGORY (SEC) (COGEH) Expect…
Moqueta Field 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 M1…
Growth in Colombia Growth Through Exploration, Development and Capturing of acquisition and partnering Opportunities Multiple opportunities are currently under evaluation that offer potential for reserves and production growth…
Section III PERU & BRAZIL 16 GRAN TIERRA ENERGY INC.
Portfolio of Opportunity CAPTURED PROJECTS IN PERU AND BRAZIL COLOMBIA Management evaluating strategic options for value maximization 18 Leads and Prospects BRAZIL Bring in industry/financial partners to fund 9 Leads Farm-Out…
Commitments Summary - Peru FULLFILLING THE COMMITMENTS OR PAYING THE PENALTY OPTIONS ON THE EXISTING BLOCK Block 95 Exit Penalty Work Commitment fulfilled - Block 123 Work Commitment: Currently in force majeure and could exit at…
Block 95 Bretaa Norte 95-2-1XD Block 95 Proposed 99 foot gross (53 foot net) oil column Retention Area 3,095 bopd natural flow (18.5API) from horizontal side-track Additional exploration potential in Envidia Lobe Bretaa 1X…
Other Peruvian Exploration Blocks Block 123 and 129 Block 107 and 133 Immediately up-dip and along strike from prolific Maraon Basin New 2D seismic acquired, five new prospects and leads identified on producing fields Block 107…
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 December 31, 2014) Expect to…
Mexico Section IV MEXICO: LONG TERM STRATEGIC OPTION 22 GRAN TIERRA ENERGY INC.
Mexico World Top Oil & Liquids Producers1 UNIQUE OPPORTUNITY TO ACCESS DEVELOPMENT, US 14.0 EOR & LOW RISK EXPLORATION Saudi Arabia 11.6 Russia 10.9 2014 Production (mmbbl/d) China 4.5 In 2014, Mexico opened up its upstream…
Onshore Bid Round (Contd) Summary table for onshore oil & gas (Third phase of Round 1) Location Number of Area Targeted Original oil in Accumulated oil % of oil contractual (km2) hydrocarbon place OOIP and gas already areas (mmboe)…
Section V CORPORATE SOCIAL RESPONSIBILITY 25 GRAN TIERRA ENERGY INC.
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 value to Principles for Corporate our stakeholders by integrating economic and Social Responsibility (CSR) social value and…