EFFECTIVE, EFFICIENT, SUSTAINABLE GROWTH. Corporate Presentation January 2016
INVESTMENT HIGHLIGHTS 1 MANAGEMENT TEAM WITH SIGNIFICANT EXPERIENCE AND PROVEN TRACK RECORD Team with operational and technical experience across North America, Latin America, Asia, Europe, Middle East and Africa Team previously led…
MANAGEMENT TEAM BOARD OF DIRECTORS Gary Guidry President & CEO Gary Guidry President & CEO Professional Engineer (P. Eng.) registered with APEGA with more than 35 years of experience. Before Gran Tierra, was President and CEO of Robert…
COMPANY OVERVIEW Barranquilla l Market Statistics Cartagena l Symbol (NYSE MKT, TSX) GTE Port of Coveas l Share Price (at close January 4, 2016) US2.18 Basic & Diluted Shares Outstanding1 283 MM Sinu-San Jacinto Basin Market…
CORPORATE STRATEGY Grow Net Asset Value per share by 3-5x within 5 years Focus on Core Assets Colombian Exploration Colombian Growth Grow existing production in High grade Colombian Opportunities Costayaco and Moqueta exploration…
FINANCIAL STRENGTH POSITIONED TO EXECUTE OUR STRATEGY Strong cash, cash flow and borrowing capacity UNDRAWN 2015 FUNDS FLOW CASH1 WORKING CAPITAL1 DEBT FACILITY1 FROM OPERATIONS2 187 191 200 110 - 115 MILLION MILLION MILLION…
THE PETROAMERICA ACQUISITION1 EXECUTING OUR STRATEGY - positioning as a high growth, well-capitalized, Colombia focused oil and gas producer with a dominant position in the Putumayo basin and growing presence in the Llanos basin Key…
ESTABLISHED CORE PRODUCTION BASE FUNDS FLOW ENGINE Requires minimal maintenance capital, robust in todays oil price environment 2015 TARGET 2016 TARGET 2016 MAINTENANCE AND AVERAGE PRODUCTION AVERAGE PRODUCTION DEVELOPMENT…
Colombia CORE ASSET BASE
STRONG ASSET BASE FROM TWO FIELDS COSTAYACO FIELD MOQUETA FIELD TECHNICAL EXCELLENCE IN RESERVOIR MANAGEMENT ADDITIONAL POTENTIAL TO BE DELINEATED 30API Light Oil 28API Light Oil Expect to exit 2015 with W.I. 13,500 BOEPD; Expect to…
PUTUMAYO BASIN CORE POSITION, UNDEREXPLORED BASIN Moqueta Field Both structural and seismically driven stratigraphic Costayaco Field plays with proven success in Colombia and Ecuador Over 1.2 million Gross Acres (800,000 Net)1 7…
LLANOS BASIN HIGH SUCCESS RATE, SEISMICALLY DRIVEN Over 1.7 million Gross Acres (570,000 Net)1 2 existing blocks 6 new blocks with Petroamerica acquisition1 Access to established crude oil transportation routes Recent discovery…
PROSPECTIVE RESOURCES PRIOR TO PETROAMERICA INDEPENDENT PROSPECTIVE RESOURCE REPORT SEPTEMBER 30, 2015 Working Interest Prospective Resources Unrisked(1)(2) Risked Resources Prospects Low P50 Mean High Mean (2) Basin / (Leads) MMbbl/…
GROWTH THROUGH Barranquilla l ACQUISITIONS AND Cartagena l FARM-INS Port of Coveas l MULTIPLE BASINS AND DIVERSIFIED PRODUCT Sinu-San STREAMS Jacinto Basin Evaluating multiple opportunities: VENEZUELA Under-capitalized companies…
Peru & Brazil MAXIMIZING VALUE FROM OUR NON- CORE ASSETS
PORTFOLIO OF OPPORTUNITY NON-CORE ASSETS IN PERU & BRAZIL MANAGEMENT EVALUATING STRATEGIC OPTIONS FOR VALUE MAXIMIZATION: Bring in industry / financial partners to fund projects FARM-OUT Carry for exploration and development costs…
PERU EXPLORATION BLOCKS 123 AND 129 Maraon Basin BLOCKS 107 AND 133 - Ucayali Basin Immediately up-dip and along strike from prolific New 2D seismic acquired, five new prospects producing fields and leads identified on Block 107 New 2D…
PERU BLOCK 95 CONTINGENT RESOURCES Bretaa Norte 95-2-1XD 99 foot gross (53 foot net) oil column 3,095 bopd natural flow (18.5API) from horizontal side-track Additional exploration potential in Envidia Lobe Future development area…
BRAZIL RECNCAVO BASIN 47,733 gross acres, 100% W.I. in 7 blocks 2P Gross W.I. reserves in the Ti field - 5.6 MMBOE1 Current production 650 BOEPD W.I., productive capacity of 2,000 BOEPD W.I. 35API gravity crude 1. Based on GLJ…
Mexico LONG TERM STRATEGIC OPTION
MEXICO STRATEGIC OPPORTUNITY GRAN TIERRA REMAINS FOCUSED ON FINANCIAL DISCIPLINE AND CAPITAL ALLOCATION On December 15th, 2015 the Third phase of round one took place, covering 25 onshore areas. The average additional royalty bid by…
CORPORATE SOCIAL RESPONSIBILITY
CORPORATE SOCIAL RESPONSIBILITY A SHARED VALUE APPROACH Policies and operating practices that enhance the competitiveness of our Company while simultaneously advancing the economic and social conditions in the communities in which we…
CORPORATE SOCIAL RESPONSIBILITY PERFORMANCE ACHIEVEMENTS IN COLOMBIA Skilled Labour - Colombia Local employment Local Regional National In 2014, all of our skilled labour came from Colombia. 23% 100% of unskilled labour positions…
CORPORATE SOCIAL RESPONSIBILITY FLAGSHIP PROJECTS Farmers for Peace Pepper Production Project Objective: Create alternative livelihoods, and improve income and food security Partners: GTEC, Govt of Canada, Mercy Corps, RAI, Govt of…
Appendix
GLOSSARY OF TERMS contingent resources are the quantities of petroleum estimated, as of a given date, bbl: Barrel to be potentially recoverable from known accumulations using established technology or technology under development, but…
WHY COLOMBIA 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 workforce Recent large…
FUNDS FLOW FROM CONTINUING OPERATIONS Three Months Ended September 30 Funds Flow From Continuing Operations Non-GAAP Measure (000s) 2015 2014 Net income (loss) (101,877) 44,184 Adjustments to reconcile net income (loss) to funds flow…