Business Context and Reporting Period
Company: Gran Tierra Energy Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: December 17, 2015
Reporting Period: Event date December 17, 2015
Business Context: The Company operates exploration properties in Colombia and Peru. This filing discloses the completion of independent assessments of resource estimates for these properties in accordance with National Instrument 51-101 standards.
Key Financial Metrics
This filing is a disclosure of a specific event (Regulation FD) and does not contain financial statements. The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The material change reported is the completion of independent assessments regarding resource estimates for the Company's Columbian and Peruvian exploration properties. No financial performance changes versus prior periods are detailed in this document.
Guidance, Outlook, and Risks
Management Commentary: The Company issued a press release (Exhibit 99.1) announcing the completion of the resource assessments.
Legal Disclaimer: The information in Item 7.01 and Exhibit 99.1 is furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, nor subject to the liabilities of that section, unless specifically incorporated by reference.
Risks and Contingencies: No specific risks or contingencies are detailed in the body of this 8-K filing.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release issued on December 17, 2015) for specific details on the resource estimate assessments.
- Verify the standards applied (National Instrument 51-101) for the Colombian and Peruvian properties.
- Confirm whether the resource data has been incorporated by reference into other filings for liability purposes.
- Check subsequent filings for any financial impact resulting from these resource assessments.