Item 2.02. Results of Operations and Financial Condition.
On January 26, 2021, Gran Tierra Energy Inc. (the "Company") issued a press
release announcing its 2020 year-end reserves and operational update. A copy of
the press release is attached hereto as Exhibit 99.1 and incorporated by
reference herein in its entirety.
The information in this Item 2.02 and in Exhibit 99.1 attached to this report is
being furnished and shall not be deemed "filed" for the purposes of Section 18
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or
otherwise subject to the liabilities of that section, nor shall it be deemed to
be incorporated by reference into any filing by Gran Tierra Energy Inc. under
the Securities Act of 1933, as amended, or the Exchange Act, regardless of any
general incorporation language contained in such filing.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
As of January 26, 2021, Remi Anthony ("Tony") Berthelet is no longer employed by
the Company or serves as its Chief Operating Officer. Mr. Berthelet's separation
from the Company is without "cause" as described in that certain executive
employment agreement between Mr. Berthelet and the Company, dated October 18,
2019. Pursuant to such agreement, Mr. Berthelet will receive a separation
package consistent with the potential amounts payable as disclosed in the
Company's definitive proxy statement relating to the 2020 annual meeting of
stockholders, filed with the Securities and Exchange Commission on March 25,
2020. The foregoing description of the executive employment agreement does not
purport to be complete and is qualified in its entirety by reference to the full
text of the agreement, a copy of which was filed as Exhibit 10.1 to the
Company's Quarterly Report on Form 10-Q for the quarter ended September 30,
2019, and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release issued on January 26, 2021.
104 Cover Page Interactive Data File - the cover page XBRL tags are
embedded within the Inline XBRL document.
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