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Gran Tierra Energy, Inc. Q4 2009 Earnings Call Transcript

Good morning, ladies and gentlemen and welcome to the Gran Tierra Energy results conference call for the three and 12 months ended December 31, 2009. My name is Fiona and I will be your coordinator for today. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session for securities, analysts and institutions. Instructions will be provided at that time for you to queue up for questions. (Operator Instructions)
I would like to remind everyone that this conference call is being webcast and recorded today, Friday, February 26, 2009, at 10 a.m. Eastern Standard Time. Please be advised that in addition to historical information, certain comments made during this conference call, particularly those anticipating future financial performance, business prospects and overall operating strategies constitute forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as anticipate, believe, estimate, expect, intend, predict and hope or similar expressions.
Such statements, which include estimates or forward-looking predictions and financial information or results are based on management's current expectations and are subject to any number of factors and uncertainties which could cause actual results to differ materially from those described in the forward-looking statements.
Listeners are urged to careful review and consider the various disclosures made by Gran Tierra Energy in its reports filed with the Securities and Exchange Commission, including those risks set forth in Gran Tierra Energy's annual report on Form 10-K for the year ended December 31, 2009, filed with Securities and Exchange Commission on February 26, 2009.
If one or more of these risks or uncertainties materialize or if the underlying assumptions prove incorrect Gran Tierra Energy's actual results may vary materially from those expected or projected. Listeners are urged not to place undue reliance on forward-looking statements made in today's conference call. Gran Tierra Energy assumes no obligation to update these forward-looking statements other than as may be required by applicable law or regulations.
Today's conference call also includes the non-GAAP measure funds flow from operations. The press release determined by Gran Tierra Energy includes a reconciliation of this non-GAAP item in the company's GAAP net income/loss as well as information about why management believes this measure is useful in evaluating the company's performance.
All dollar amounts mentioned in today's conference call are in U.S. dollars unless otherwise stated. Finally, these earnings call – this earnings call is the property of Gran Tierra Energy, Inc. Any copying or rebroadcasting of this call is expressly forbidden without the written consent of Gran Tierra Energy.
I will now like to turn the conference over to Dana Coffield, President and Chief Executive Officer of Gran Tierra Energy. Mr. Coffield, please go ahead.
Dana Coffield
Thank you, Fiona. Good morning and thank you for joining us for Gran Tierra Energy's fourth quarter and full year 2009 results conference call. With me today is Martin Eden, our Chief Financial Officer.
Last time, we disseminated a press release that included detailed financial information about the quarter and full year 2009. In addition, Gran Tierra Energy's 2009 report on Form 10-K for the three and 12 months ending December 31, 2009 will be filed on EDGAR either later today or on Monday and will be available on our website at www.grantierra.com.

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