GRAN TIERRA ENERGY INC. (TSE:GTE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 9.01.
On July 18, 2018, Adrian Coral Pantoja resigned as President, Colombia of Gran Tierra Energy Inc. (the “Company”). In connection with Mr. Coral’s resignation, Mr. Coral and the Company entered into a Transaction Agreement dated July 18, 2018 (the “Separation Agreement”). The Separation Agreement provides Mr. Coral with a severance payment of USD $600,000 and includes a release of claims against the Company.
The foregoing description of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the Separation Agreement, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
|Item 9.01||Financial Statements and Exhibits.|
GRAN TIERRA ENERGY INC. ExhibitEX-10.1 2 tv499007_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 TRANSACTION AGREEMENT On July eighteen (18th),…To view the full exhibit click
About GRAN TIERRA ENERGY INC. (TSE:GTE)
Gran Tierra Energy Inc. is an energy company engaged in oil and gas acquisition, exploration, development and production. The Company focuses on onshore oil and gas properties in Colombia, and also own rights to oil and gas properties in Brazil and Peru. Its segments are Colombia, Peru and Brazil based on geographic organization. It operates principally in the Putumayo Basin in Colombia, and has properties in other basins, including the Catatumbo, Cauca, Llanos, Sinu-San Jacinto, Middle Magdalena and Lower Magdalena Basins. It has interests in over 30 blocks in Colombia and it is the operator on over 20 of these blocks. Its blocks and fields include Chaza-Costayaco and Moqueta Fields, Guayuyaco-Guayuyaco and Juanambu Fields, Garibay-Jilguero Field and over 11 Other Blocks. Blocks REC-T-129, REC-T-142, REC-T-155 and REC-T-224 are located over 70 kilometers northeast of Salvador, Brazil in the Reconcavo Basin. Its blocks in Peru include Block 123, Block 129, Block 107 and Block 133.