Gran Tierra Energy Inc. announced unaudited financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported total revenues of $75,354,000, income before income taxes of $5,143,000, net loss and comprehensive loss of $2,816,000 or $0.01 per diluted share against total revenues of $40,339,000, income before income taxes of $30,859,000, net income and comprehensive income of $22,987,000 or $0.18 per diluted share a year ago. Funds flows from operations was $53,127,000 against $17,771,000 a year ago. For the nine months, the company reported total revenues of $167,430,000, loss before income taxes of $4,885,000, net loss and comprehensive loss of $16,884,000 or $0.07 per diluted share against total revenues of $94,302,000, income before income taxes of $54,252,000, net income and comprehensive income of $36,189,000 or $0.30 per diluted share a year ago. Net cash provided by operating activities was $35,027,000 as against $44,445,000 a year ago. Oil and gas property and other capital asset expenditures was $65,595,000 against $26,587,000 a year ago. Funds flows from operations was $109,691,000 against $45,188,000 a year ago. The company revised capital program for 2009 is $95 million primarily as a result of deferring expenditures into 2010. This capital program includes planned capital expenditures of $87 million for Colombia, $5 million for Argentina and $2 million for Peru.

Gran Tierra Energy, Inc., Q3 2009 Earnings Call, Nov-06-2009

Gran Tierra Energy, Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).