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Gran Tierra Energy Management Discusses Q2 2011 Results - Earnings Call Transcript

Gran Tierra Energy (GTE)

Q2 2011 Earnings Call

August 09, 2011 10:00 am ET

Executives

Martin Eden - Chief Financial Officer, Principal Accounting Officer and Vice President of Finance

Shane O’leary - Chief Operating Officer

Analysts

Martin Molyneaux - FirstEnergy Capital Corp.

Nathan Piper - RBC Capital Markets, LLC

Matthew Portillo - Tudor, Pickering, Holt & Co. Securities, Inc.

Brad Virbitsky

Rafi Khouri - Raymond James Ltd.

J. Frederick Kozak - Canaccord Genuity

Alexander Klein - Dundee Securities Corporation

Howard Farkas

Unknown Analyst -

Ian Macqueen - CIBC World Markets Inc.

Quinn Sievewright - Stifel, Nicolaus & Co., Inc.

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the Gran Tierra Energy's results conference call for the 3 months ended June 30, 2011. My name is Nicole, and I will be your coordinator for today. [Operator Instructions] I would like to remind everyone that this conference call is being webcast and recorded today, Tuesday, August 9, 2011, at 10:00 a.m. Eastern Standard Time.

Please be advised that in addition to historical information, certain comments made during this conference call, particularly those anticipating future financial performance, business prospects and overall operating strategies, constitute forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as anticipate, believe, estimate, expect, intend, predict and hope or similar expressions. Such statements, which include estimated or forward-looking production and financial information or results, are based on management’s current expectations and are subject to a number of factors and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. Listeners are urged to carefully review and consider the various disclosures made by Gran Tierra Energy and its reports filed with the Securities and Exchange Commission, including those risks set forth in Gran Tierra Energy's quarterly report on Form 10-Q filed with the SEC on August 9, 2011, and in its annual report on Form 10-K for the year ended December 31, 2010, filed with the Securities and Exchange Commission, February 24, 2011. If one or more of these risks or uncertainties materialize or if the underlying assumptions prove incorrect, Gran Tierra Energy’s actual results may vary materially from those expected or projected. Listeners are urged not to place undue reliance on forward-looking statements made in today’s conference call. Gran Tierra Energy assumes no obligation to update these forward-looking statements other than as may be required by applicable law or regulation.

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