$GTE
GRAN TIERRA ENERGY INC.

2011 Q4 Form 10-K Financial Statement

#000127344113000012 Filed on February 26, 2013

View on sec.gov

Income Statement

Concept 2011 Q4 2010 2009 Q4
Revenue $161.4M $373.3M $96.00M
YoY Change 43.47% 42.16% 407.94%
Cost Of Revenue $25.20M $59.40M $15.70M
YoY Change 23.53% 45.59% 84.71%
Gross Profit $136.2M $313.8M $80.30M
YoY Change 47.88% 41.48% 664.76%
Gross Profit Margin 84.39% 84.06% 83.65%
Selling, General & Admin $14.00M $40.20M $9.600M
YoY Change 12.9% 39.58% 65.52%
% of Gross Profit 10.28% 12.81% 11.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $71.00M $139.2M $40.40M
YoY Change 25.89% 2.43% 284.76%
% of Gross Profit 52.13% 44.36% 50.31%
Operating Expenses $85.10M $203.9M $50.00M
YoY Change 23.87% 23.88% 208.64%
Operating Profit $51.10M $109.9M $30.30M
YoY Change 118.38% 92.13% -631.58%
Interest Expense $4.100M -$15.60M $12.90M
YoY Change -75.88% -17.46% -422.5%
% of Operating Profit 8.02% -14.19% 42.57%
Other Income/Expense, Net $0.00 $0.00
YoY Change
Pretax Income $55.20M -$16.73M $43.20M
YoY Change 36.63% -143.67% -540.82%
Income Tax $22.70M $57.23M $12.40M
% Of Pretax Income 41.12% 28.7%
Net Earnings $32.60M $37.17M $30.80M
YoY Change 148.85% 167.42% -342.52%
Net Earnings / Revenue 20.2% 9.96% 32.08%
Basic Earnings Per Share $0.15
Diluted Earnings Per Share $113.4K $0.14 $118.1K
COMMON SHARES
Basic Shares Outstanding 253.7M shares
Diluted Shares Outstanding 264.3M shares

Balance Sheet

Concept 2011 Q4 2010 2009 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $351.7M $355.4M $270.8M
YoY Change -1.04% 31.24% 53.17%
Cash & Equivalents $351.7M $270.8M
Short-Term Investments $179.0M $83.30M
Other Short-Term Assets $8.300M $7.000M $7.700M
YoY Change 18.57% -9.09% 113.89%
Inventory $7.116M $5.700M $4.900M
Prepaid Expenses $3.597M
Receivables $69.36M $43.00M $35.60M
Other Receivables $21.40M $7.000M $1.800M
Total Short-Term Assets $457.9M $418.1M $320.8M
YoY Change 9.53% 30.33% 64.51%
LONG-TERM ASSETS
Property, Plant & Equipment $1.045B $727.0M $712.7M
YoY Change 43.72% 2.01% -7.15%
Goodwill $102.6M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.454M $1.500M $7.700M
YoY Change 130.27% -80.52% -32.46%
Total Long-Term Assets $1.169B $831.2M $823.0M
YoY Change 40.62% 1.0% -6.22%
TOTAL ASSETS
Total Short-Term Assets $457.9M $418.1M $320.8M
Total Long-Term Assets $1.169B $831.2M $823.0M
Total Assets $1.627B $1.249B $1.144B
YoY Change 30.22% 9.22% 6.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $82.19M $76.00M $36.80M
YoY Change 8.14% 106.52% 74.41%
Accrued Expenses $66.83M $32.10M $40.20M
YoY Change 108.2% -20.15% 214.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $244.8M $152.3M $105.6M
YoY Change 60.75% 44.22% 69.77%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $18.80M $4.500M $4.300M
YoY Change 317.78% 4.65% 0.0%
Total Long-Term Liabilities $207.6M $4.500M $4.300M
YoY Change 4514.07% 4.65% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $244.8M $152.3M $105.6M
Total Long-Term Liabilities $207.6M $4.500M $4.300M
Total Liabilities $452.5M $362.4M $327.4M
YoY Change 24.85% 10.69% 16.64%
SHAREHOLDERS EQUITY
Retained Earnings $185.0M $20.93M
YoY Change 218.46%
Common Stock $7.510M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.174B $886.9M $816.4M
YoY Change
Total Liabilities & Shareholders Equity $1.627B $1.249B $1.144B
YoY Change 30.22% 9.22% 6.64%

Cashflow Statement

Concept 2011 Q4 2010 2009 Q4
OPERATING ACTIVITIES
Net Income $32.60M $37.17M $30.80M
YoY Change 148.85% 167.42% -342.52%
Depreciation, Depletion And Amortization $71.00M $139.2M $40.40M
YoY Change 25.89% 2.43% 284.76%
Cash From Operating Activities $213.2M $203.8M $130.5M
YoY Change 108.2% 23.15% 99.85%
INVESTING ACTIVITIES
Capital Expenditures -$81.10M -$152.3M -$15.30M
YoY Change 28.12% 88.26% -46.5%
Acquisitions $0.00
YoY Change
Other Investing Activities -$9.200M $8.400M $1.400M
YoY Change -250.82% 82.61% -98.3%
Cash From Investing Activities -$90.40M -$144.0M -$14.00M
YoY Change 58.04% 88.43% -126.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $24.79M
YoY Change 405.82%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.500M $24.79M 2.600M
YoY Change 31.58% 405.82%
NET CHANGE
Cash From Operating Activities 213.2M $203.8M 130.5M
Cash From Investing Activities -90.40M -$144.0M -14.00M
Cash From Financing Activities 2.500M $24.79M 2.600M
Net Change In Cash 125.3M $84.64M 119.1M
YoY Change 166.03% -9.96% 0.08%
FREE CASH FLOW
Cash From Operating Activities $213.2M $203.8M $130.5M
Capital Expenditures -$81.10M -$152.3M -$15.30M
Free Cash Flow $294.3M $356.1M $145.8M
YoY Change 77.61% 44.53% 55.27%

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3809000 USD
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11400000 USD
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1321000 USD
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gran Tierra Energy Inc., a Nevada corporation (the &#8220;Company&#8221; or &#8220;Gran Tierra&#8221;), is a publicly traded oil and gas company engaged in the acquisition, exploration, development and production of oil and natural gas properties. The Company&#8217;s principal business activities are in Colombia, Argentina, Peru and Brazil.</font></div></div>
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4.90
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5.78
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17600000 USD
CY2011Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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14200000 USD
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49400000 USD
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P7Y2M12D
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P7Y2M12D
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44000 USD
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1354000 USD
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21800000 USD
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4175000 USD
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20500000 USD
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3600000 USD
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1600000 USD
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0 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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15740000 USD
CY2012 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of estimates </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates made by management include: oil and natural gas reserves and related present value of future cash flows; depreciation, depletion, amortization and impairment (&#8220;DD&amp;A&#8221;); impairment assessments of goodwill; timing of transfers from oil and gas properties not subject to amortization to the amortization base; asset retirement obligations; determining the value of the consideration transferred and the net identifiable assets acquired and liabilities assumed in connection with business combinations and determining goodwill; income taxes; legal and other contingencies; and stock-based compensation. Although management believes these estimates are reasonable, changes in facts and circumstances or discovery of new information may result in revised estimates, and actual results may differ from these estimates. </font></div></div>
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-3400000 USD
CY2011Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1780000 USD
CY2012Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
0 USD
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
284172254 shares
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
264304831 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
281287002 shares
CY2010 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
253697076 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
273491564 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
280741255 shares
CY2011Q4 gte Accrued Value Added Tax And Payroll Taxes
AccruedValueAddedTaxAndPayrollTaxes
24962000 USD
CY2012Q4 gte Accrued Value Added Tax And Payroll Taxes
AccruedValueAddedTaxAndPayrollTaxes
28169000 USD
CY2012Q4 gte Accumulateddepreciationdepletionamortizationand Impairmentpropertyplantandequipment
AccumulateddepreciationdepletionamortizationandImpairmentpropertyplantandequipment
760387000 USD
CY2011Q4 gte Accumulateddepreciationdepletionamortizationand Impairmentpropertyplantandequipment
AccumulateddepreciationdepletionamortizationandImpairmentpropertyplantandequipment
571240000 USD
CY2011 gte Amortization And Impairment Expense Per Physical Units Of Production
AmortizationAndImpairmentExpensePerPhysicalUnitsOfProduction
36.39
CY2012 gte Amortization And Impairment Expense Per Physical Units Of Production
AmortizationAndImpairmentExpensePerPhysicalUnitsOfProduction
29.44
CY2010 gte Amortization And Impairment Expense Per Physical Units Of Production
AmortizationAndImpairmentExpensePerPhysicalUnitsOfProduction
31.02
CY2011 gte Asset Retirement Obligation Asset Disposal
AssetRetirementObligationAssetDisposal
172000 USD
CY2012 gte Asset Retirement Obligation Asset Disposal
AssetRetirementObligationAssetDisposal
0 USD
CY2012Q4 gte Authorized Share Capital
AuthorizedShareCapital
595000002 shares
CY2011Q4 gte Capital Loss Carryforwards
CapitalLossCarryforwards
13700000 USD
CY2012Q4 gte Capital Loss Carryforwards
CapitalLossCarryforwards
35900000 USD
CY2010Q4 gte Capitalized General And Administrative Including Stock Based Compensation
CapitalizedGeneralAndAdministrativeIncludingStockBasedCompensation
5585000 USD
CY2011Q4 gte Capitalized General And Administrative Including Stock Based Compensation
CapitalizedGeneralAndAdministrativeIncludingStockBasedCompensation
14353000 USD
CY2012Q4 gte Capitalized General And Administrative Including Stock Based Compensation
CapitalizedGeneralAndAdministrativeIncludingStockBasedCompensation
28264000 USD
CY2012Q4 gte Capitalized Stock Based Compensation Expenses
CapitalizedStockBasedCompensationExpenses
1110000 USD
CY2010Q4 gte Capitalized Stock Based Compensation Expenses
CapitalizedStockBasedCompensationExpenses
458000 USD
CY2011Q4 gte Capitalized Stock Based Compensation Expenses
CapitalizedStockBasedCompensationExpenses
956000 USD
CY2010Q4 gte Closing Share Price
ClosingSharePrice
8.05
CY2012Q4 gte Closing Share Price
ClosingSharePrice
5.51
CY2011Q4 gte Closing Share Price
ClosingSharePrice
4.80
CY2012Q4 gte Common Shares Exchangeable Shares Issued
CommonSharesExchangeableSharesIssued
13421488 shares
CY2011Q4 gte Common Shares Exchangeable Shares Issued
CommonSharesExchangeableSharesIssued
16323819 shares
CY2012Q4 gte Common Shares Exchangeable Shares Outstanding
CommonSharesExchangeableSharesOutstanding
13421488 shares
CY2011Q4 gte Common Shares Exchangeable Shares Outstanding
CommonSharesExchangeableSharesOutstanding
16323819 shares
CY2012 gte Common Shares Issued Exercise Of Warrants
CommonSharesIssuedExerciseOfWarrants
2766834 shares
CY2012 gte Common Shares Issued Exercise Of Warrants Cashless Exercise
CommonSharesIssuedExerciseOfWarrantsCashlessExercise
26190 shares
CY2012 gte Common Shares Issued Exercise Of Warrants Shares Withheld For Cashless Exchange
CommonSharesIssuedExerciseOfWarrantsSharesWithheldForCashlessExchange
7143 shares
CY2011Q4 gte Cost Center Unproved Oil And Gas Property Full Cost Method
CostCenterUnprovedOilAndGasPropertyFullCostMethod
417900000 USD
CY2012Q4 gte Cost Center Unproved Oil And Gas Property Full Cost Method
CostCenterUnprovedOilAndGasPropertyFullCostMethod
383400000 USD
CY2012Q4 gte Debt Instrument Collateral Promissory Notes Provided As Collateral For Letters Of Credit
DebtInstrumentCollateralPromissoryNotesProvidedAsCollateralForLettersOfCredit
34200000 USD
CY2011Q4 gte Debt Instrument Collateral Promissory Notes Provided As Collateral For Letters Of Credit
DebtInstrumentCollateralPromissoryNotesProvidedAsCollateralForLettersOfCredit
20700000 USD
CY2012Q4 gte Deferred Tax Assets Tax Basis In Excess Of Book Basis
DeferredTaxAssetsTaxBasisInExcessOfBookBasis
22519000 USD
CY2011Q4 gte Deferred Tax Assets Tax Basis In Excess Of Book Basis
DeferredTaxAssetsTaxBasisInExcessOfBookBasis
17065000 USD
CY2012 gte Effective Tax Rate Reconciliation Local Income Tax Rate
EffectiveTaxRateReconciliationLocalIncomeTaxRate
0.0175
CY2011Q1 gte Equity Tax For Foreign Operations Assessment Term
EquityTaxForForeignOperationsAssessmentTerm
P4Y
CY2011Q1 gte Equity Tax For Foreign Operations Number Of Semi Annual Installments
EquityTaxForForeignOperationsNumberOfSemiAnnualInstallments
8
CY2012Q4 gte Exchangeable Shares Held By Management And Directors Percentage
ExchangeableSharesHeldByManagementAndDirectorsPercentage
0.958
CY2012Q4 gte Extension Of Automatic Redemption Date
ExtensionOfAutomaticRedemptionDate
P1Y
CY2012 gte Extinguishment Of Debt Face Amount
ExtinguishmentOfDebtFaceAmount
54100000 USD
CY2012 gte Foreign Currency Transaction Gain Loss Before Tax Peso To Us Dollar
ForeignCurrencyTransactionGainLossBeforeTaxPesoToUsDollar
105000 USD
CY2011 gte Foreign Equity Tax
ForeignEquityTax
2442000 USD
CY2010 gte Foreign Equity Tax
ForeignEquityTax
0 USD
CY2012 gte Foreign Equity Tax
ForeignEquityTax
-3534000 USD
CY2010 gte Foreign Equity Tax Expense
ForeignEquityTaxExpense
0 USD
CY2012 gte Foreign Equity Tax Expense
ForeignEquityTaxExpense
0 USD
CY2011 gte Foreign Equity Tax Expense
ForeignEquityTaxExpense
8271000 USD
CY2012Q4 gte Foreign Equity Tax Payable
ForeignEquityTaxPayable
3562000 USD
CY2011Q4 gte Foreign Equity Tax Payable
ForeignEquityTaxPayable
6484000 USD
CY2011 gte Foreign Equity Tax Rate
ForeignEquityTaxRate
0.06
CY2011 gte Gain Loss On Expiration Of Replacement Warrants Fair Value
GainLossOnExpirationOfReplacementWarrantsFairValue
1300000 USD
CY2011Q4 gte Gain On Acquisition Excluded From Pro Forma Results
GainOnAcquisitionExcludedFromProFormaResults
21700000 USD
CY2011 gte Gain On Acquisition Excluded From Pro Forma Results
GainOnAcquisitionExcludedFromProFormaResults
21700000 USD
CY2012 gte Income Tax Reconciliation Foreign Currency Translation Tax Benefit Expense
IncomeTaxReconciliationForeignCurrencyTranslationTaxBenefitExpense
5473000 USD
CY2010 gte Income Tax Reconciliation Foreign Currency Translation Tax Benefit Expense
IncomeTaxReconciliationForeignCurrencyTranslationTaxBenefitExpense
6409000 USD
CY2011 gte Income Tax Reconciliation Foreign Currency Translation Tax Benefit Expense
IncomeTaxReconciliationForeignCurrencyTranslationTaxBenefitExpense
-417000 USD
CY2011 gte Income Tax Reconciliation Non Deductible Third Party Royalty
IncomeTaxReconciliationNonDeductibleThirdPartyRoyalty
8525000 USD
CY2012 gte Income Tax Reconciliation Non Deductible Third Party Royalty
IncomeTaxReconciliationNonDeductibleThirdPartyRoyalty
11938000 USD
CY2010 gte Income Tax Reconciliation Non Deductible Third Party Royalty
IncomeTaxReconciliationNonDeductibleThirdPartyRoyalty
5506000 USD
CY2012 gte Income Tax Reconciliation Other Adjustments Offset By Change In Valuation Allowance
IncomeTaxReconciliationOtherAdjustmentsOffsetByChangeInValuationAllowance
8700000 USD
CY2012 gte Income Tax Reconciliation Other Adjustments Subject To Local Tax
IncomeTaxReconciliationOtherAdjustmentsSubjectToLocalTax
2700000 USD
CY2011 gte Increase Decrease Asset Retirement Obligations Settlements
IncreaseDecreaseAssetRetirementObligationsSettlements
-345000 USD
CY2012 gte Increase Decrease Asset Retirement Obligations Settlements
IncreaseDecreaseAssetRetirementObligationsSettlements
-404000 USD
CY2010 gte Increase Decrease Asset Retirement Obligations Settlements
IncreaseDecreaseAssetRetirementObligationsSettlements
-286000 USD
CY2010 gte Increase Decrease In Accounts Payable Accrued Liabilities And Other Liabilities
IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilities
-3176000 USD
CY2012 gte Increase Decrease In Accounts Payable Accrued Liabilities And Other Liabilities
IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilities
-8387000 USD
CY2011 gte Increase Decrease In Accounts Payable Accrued Liabilities And Other Liabilities
IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndOtherLiabilities
16780000 USD
CY2011 gte Increase Decrease In Accounts Receivable And Other Long Term Assets
IncreaseDecreaseInAccountsReceivableAndOtherLongTermAssets
15627000 USD
CY2010 gte Increase Decrease In Accounts Receivable And Other Long Term Assets
IncreaseDecreaseInAccountsReceivableAndOtherLongTermAssets
5323000 USD
CY2012 gte Increase Decrease In Accounts Receivable And Other Long Term Assets
IncreaseDecreaseInAccountsReceivableAndOtherLongTermAssets
56669000 USD
CY2010 gte Incremental Common Shares Issuable Pursuant To Warrants
IncrementalCommonSharesIssuablePursuantToWarrants
3750781 shares
CY2011 gte Incremental Common Shares Issuable Pursuant To Warrants
IncrementalCommonSharesIssuablePursuantToWarrants
2708183 shares
CY2012 gte Incremental Common Shares Issuable Pursuant To Warrants
IncrementalCommonSharesIssuablePursuantToWarrants
175061 shares
CY2011 gte Liability Assumed In Business Combination Note3
LiabilityAssumedInBusinessCombinationNote3
4901000 USD
CY2012 gte Liability Assumed In Business Combination Note3
LiabilityAssumedInBusinessCombinationNote3
410000 USD
gte Loss After Tax From Acquisition In Period Since Acquisition Date
LossAfterTaxFromAcquisitionInPeriodSinceAcquisitionDate
8000000 USD
CY2010 gte Net And Comprehensive Income
NetAndComprehensiveIncome
37172000 USD
CY2012 gte Net And Comprehensive Income
NetAndComprehensiveIncome
99659000 USD
CY2011 gte Net And Comprehensive Income
NetAndComprehensiveIncome
126917000 USD
CY2012 gte Non Cash Working Capital And Net Assets And Liabilities Related To Capital Additions
NonCashWorkingCapitalAndNetAssetsAndLiabilitiesRelatedToCapitalAdditions
75393000 USD
CY2010 gte Non Cash Working Capital And Net Assets And Liabilities Related To Capital Additions
NonCashWorkingCapitalAndNetAssetsAndLiabilitiesRelatedToCapitalAdditions
48640000 USD
CY2011 gte Non Cash Working Capital And Net Assets And Liabilities Related To Capital Additions
NonCashWorkingCapitalAndNetAssetsAndLiabilitiesRelatedToCapitalAdditions
43333000 USD
CY2012 gte Non Taxable Gain On Acquisition
NonTaxableGainOnAcquisition
0 USD
CY2011 gte Non Taxable Gain On Acquisition
NonTaxableGainOnAcquisition
7595000 USD
CY2010 gte Non Taxable Gain On Acquisition
NonTaxableGainOnAcquisition
0 USD
CY2012 gte Number Of Common Voting Shares Per Exchangeable Share
NumberOfCommonVotingSharesPerExchangeableShare
1 shares
CY2011Q3 gte Number Of Farmout Agreements
NumberOfFarmoutAgreements
2 farmout
CY2012 gte Number Of Votes Per Common Stock
NumberOfVotesPerCommonStock
1 vote
CY2012Q4 gte Oil And Gas Property Costs Transferred To Depletable Base Within Five Years Percentage
OilAndGasPropertyCostsTransferredToDepletableBaseWithinFiveYearsPercentage
0.53
CY2012Q4 gte Operating Loss Carryforwards Foreign Operations
OperatingLossCarryforwardsForeignOperations
215200000 USD
CY2011Q4 gte Operating Loss Carryforwards Foreign Operations
OperatingLossCarryforwardsForeignOperations
339800000 USD
CY2012Q4 gte Other Current And Noncurrent Assets
OtherCurrentAndNoncurrentAssets
424868000 USD
CY2011Q4 gte Other Current And Noncurrent Assets
OtherCurrentAndNoncurrentAssets
479357000 USD
CY2011 gte Proceeds On Sale Of Asset Backed Commercial Paper
ProceedsOnSaleOfAssetBackedCommercialPaper
22679000 USD
CY2012 gte Proceeds On Sale Of Asset Backed Commercial Paper
ProceedsOnSaleOfAssetBackedCommercialPaper
0 USD
CY2010 gte Proceeds On Sale Of Asset Backed Commercial Paper
ProceedsOnSaleOfAssetBackedCommercialPaper
0 USD
CY2012Q4 gte Proved Oil And Gas Properties Full Cost Accounting
ProvedOilAndGasPropertiesFullCostAccounting
813247000 USD
CY2011Q4 gte Proved Oil And Gas Properties Full Cost Accounting
ProvedOilAndGasPropertiesFullCostAccounting
618982000 USD
CY2012Q4 gte Purchase Obligations Firm Agreements And Leases
PurchaseObligationsFirmAgreementsAndLeases
121001000 USD
CY2012Q4 gte Purchase Obligations Firm Agreements And Leases Due After Five Years
PurchaseObligationsFirmAgreementsAndLeasesDueAfterFiveYears
9657000 USD
CY2012Q4 gte Purchase Obligations Firm Agreements And Leases Due In Next Twelve Months
PurchaseObligationsFirmAgreementsAndLeasesDueInNextTwelveMonths
74628000 USD
CY2012Q4 gte Purchase Obligations Firm Agreements And Leases Due Within Five Years
PurchaseObligationsFirmAgreementsAndLeasesDueWithinFiveYears
3405000 USD
CY2012Q4 gte Purchase Obligations Firm Agreements And Leases Due Within Four Years
PurchaseObligationsFirmAgreementsAndLeasesDueWithinFourYears
3532000 USD
CY2012Q4 gte Purchase Obligations Firm Agreements And Leases Due Within Three Years
PurchaseObligationsFirmAgreementsAndLeasesDueWithinThreeYears
8012000 USD
CY2012Q4 gte Purchase Obligations Firm Agreements And Leases Due Within Two Years
PurchaseObligationsFirmAgreementsAndLeasesDueWithinTwoYears
21767000 USD
CY2012 gte Share Based Compensation Arrangement By Share Based Payment Award Options Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsTerm
P10Y
CY2012 gte Share Based Compensation Arrangement By Share Based Payment Award Options Term Expiration After Leaving Service Of Company
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsTermExpirationAfterLeavingServiceOfCompany
P3M
CY2012 gte Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateFairValue
3.90
CY2011 gte Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateFairValue
2.26
CY2010 gte Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateFairValue
1.61
CY2011 gte Shares To Be Purchased From Proceeds Of Stock Options
SharesToBePurchasedFromProceedsOfStockOptions
56243 shares
CY2010 gte Shares To Be Purchased From Proceeds Of Stock Options
SharesToBePurchasedFromProceedsOfStockOptions
545992 shares
CY2012 gte Shares To Be Purchased From Proceeds Of Stock Options
SharesToBePurchasedFromProceedsOfStockOptions
2623991 shares
CY2012Q4 gte Special Voting Stock Authorized
SpecialVotingStockAuthorized
2 shares
CY2012Q4 gte Special Voting Stock Par Value
SpecialVotingStockParValue
0.001
CY2010Q4 gte Term Deposits
TermDeposits
83277000 USD
CY2012Q4 gte Term Deposits
TermDeposits
5232000 USD
CY2011Q4 gte Term Deposits
TermDeposits
179040000 USD
CY2012 gte Term Of Credit Facility
TermOfCreditFacility
P3Y
CY2012Q4 gte Total Other Long Term Assets
TotalOtherLongTermAssets
113596000 USD
CY2011Q4 gte Total Other Long Term Assets
TotalOtherLongTermAssets
124009000 USD
CY2011 gte Total Revenue And Other Income
TotalRevenueAndOtherIncome
597407000 USD
CY2012 gte Total Revenue And Other Income
TotalRevenueAndOtherIncome
585187000 USD
CY2010 gte Total Revenue And Other Income
TotalRevenueAndOtherIncome
374460000 USD
CY2011Q4 gte Unproved Oil And Gas Property Full Cost Accounting
UnprovedOilAndGasPropertyFullCostAccounting
417868000 USD
CY2012Q4 gte Unproved Oil And Gas Property Full Cost Accounting
UnprovedOilAndGasPropertyFullCostAccounting
383414000 USD
CY2012 gte Warrant Expired Unexercised
WarrantExpiredUnexercised
680896 shares
CY2012 gte Warrants Exercised Cashless Exchange
WarrantsExercisedCashlessExchange
66666 shares
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-12-31
CY2012 dei Document Type
DocumentType
10-K
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0001273441
CY2013Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
268621445 shares
CY2012 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q2 dei Entity Public Float
EntityPublicFloat
1300000000 USD
CY2012 dei Entity Registrant Name
EntityRegistrantName
GRAN TIERRA ENERGY INC.
CY2012 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

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