Gran Tierra Energy Inc. Announces Appointment of Chief Operating Officer
October 31 2023 - 5:05PM
Gran Tierra Energy Inc.
("Gran Tierra" or
the "Company") (NYSE American:GTE)(TSX:GTE)(LSE:GTE) is
pleased to announce the appointment of Mr. Sebastien Morin as Chief
Operating Officer (
“COO”). Mr. Morin will be
joining Gran Tierra as COO, located in Calgary and will report to
Gary Guidry, President and Chief Executive Officer. Mr. Morin was
most recently President & COO at WesternZagros Resources Ltd.,
a privately-owned petroleum operating company with production
sharing contracts in the Kurdistan region of Iraq. Prior to
WesternZagros Resources, Mr. Morin was previously employed by Gran
Tierra, holding progressively more senior positions in Colombia and
Calgary with the Company, including Vice President of Operations in
Colombia.
Prior to his original tenure with Gran Tierra,
Mr. Morin spent 13 years with Imperial Oil (Esso) and ExxonMobil,
where he held increasingly more senior technical and managerial
positions in upstream and downstream, including drilling and
completions, reservoir development, production, customer service
and distribution, mostly onshore but also with experience offshore
in the Gulf of Mexico. Mr. Morin has a Bachelor of Science degree
in Geological Engineering from the University of Waterloo. The
following areas will report directly to Mr. Morin: Drilling and
Workovers, Operations, Major Capital Projects, Exploration and
Asset Management.
Message to Shareholders
Gary Guidry, President and Chief Executive
Officer of Gran Tierra, commented: "We are very pleased to welcome
Sebastien back to Gran Tierra in the new position of COO. Sebastien
has a proven track record of delivering value-added results and has
demonstrated excellent mentorship and communication skills.
Sebastien was integral in Gran Tierra becoming best in class in its
drilling, operations, and execution of capital programs. Sebastien
will be focused on continuous improvement and optimization of our
capital investments and operating costs and will be leading the
functional integration of asset management plans to achieve optimum
value for all company assets.”
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
currently focused on oil and natural gas exploration and production
in Colombia and Ecuador. The Company is currently developing its
existing portfolio of assets in Colombia and Ecuador and will
continue to pursue additional new growth opportunities that would
further strengthen the Company’s portfolio. 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. Except to the extent expressly stated
otherwise, information on the Company's website or accessible from
our website or any other website is not incorporated by reference
into and should not be considered 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
(the “SEC”) filings are available on the SEC website at
http://www.sec.gov. The Company’s Canadian securities regulatory
filings are available on SEDAR at http://www.sedar.com and UK
regulatory filings are available on the National Storage Mechanism
website at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
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, 2022 filed February 21, 2023 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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