Gran Tierra Energy Inc. Announces Appointment of Chief Operating Officer
October 03 2019 - 5:00PM
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 GuidryPresident & Chief Executive Officer
Ryan EllsonExecutive Vice President & Chief Financial
Officer
Rodger TrimbleVice President, Investor Relations
+1-403-265-3221
info@grantierra.com
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 info@grantierra.com or (403)
265-3221.
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.
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