22/08/2024 | Press release | Distributed by Public on 22/08/2024 10:01
Extractive Sector Transparency Measures Act - Annual Report |
Reporting Entity Name | Gran Tierra Energy Inc. | |||||
Reporting Year | From: | 1/1/2023 | To: | 12/31/2023 | Date Submitted | 5/29/2024 |
Reporting Entity ESTMA Identification Number | E742342 | ● Original Submission | ||||
○ Amended Report | ||||||
Other Subsidiaries Included (optional field)
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Not Consolidated | ||||||
Not Substituted | ||||||
Attestation by Reporting Entity | ||||||
In accordance with the requirement of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above. | ||||||
Full Name of Director or Officer of Reporting Entity | Ryan Ellson | Date | 5/29/2024 | |||
Position Title | Chief Financial Officer and Executive Vice President |
Extractive Sector Transparency Measures Act- Annual Report | |||||||||||
Reporting Year | From: | 2023-01-01 | To: | 2023-12-31 | |||||||
Reporting Entity Name | Gran Tierra Energy Inc. | Currency of the Report | USD | ||||||||
Reporting entity ESTMA Identification Number | E74342 | ||||||||||
Subsidiary Reporting Entities (if necessary) | |||||||||||
Payments by Payee | |||||||||||
Country | Payee Name | Departments. Agency, etc… within Payee that Received Payments | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid to Payee | Notes |
Colombia | NATIONAL GOVERNMENT OF COLOMBIA | NATIONAL HYDROCARBON AGENCY OF COLOMBIA | - | 145,160,150 | - | - | - | - | 145,160,150 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | NATIONAL GOVERNMENT OF COLOMBIA | DIRECTORATE OF NATIONAL TAXES AND CUSTOMS OF COLOMBIA | 108,318,283 | - | - | - | - | - | 108,318,283 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | NATIONAL GOVERNMENT OF COLOMBIA | - | - | 1,435,982 | - | - | - | 1,435,982 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | ||
Colombia | MUNICIPALITY OF PUERTO ASIS | 412,336 | - | - | - | 794,268 | - | - | 1,206,604 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | MUNICIPALITY OF MOCOA | 370,955 | - | - | - | 430,535 | - | - | 801,490 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | MUNICIPALITY OF SAN MARTIN | 317,717 | - | - | - | 432,137 | - | - | 749,854 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | MUNICIPALITY OF VILLAGARZON | 294,184 | - | - | - | 439,977 | - | - | 734,161 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | MUNICIPALITY OF RIO DE ORO | 112,646 | - | - | - | 169,476 | - | - | 282,122 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | INDIGENOUS COMMUNITY OF CABILDO AWA | - | - | - | - | 216,751 | - | - | 216,751 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | INDIGENOUS COMMUNITY OF RESGUARDO INGA WASIPUNGO | - | - | - | - | 198,001 | - | - | 198,001 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD |
Colombia | MUNICIPALITY OF PUERTO GUZMAN | 117,674 | - | - | - | 71,360 | - | - | 189,034 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | MUNICIPALITY OF PIAMONTE | 117,674 | - | - | - | 23,641 | - | - | 141,315 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | DISTRICT OF BOGOTA | 139,012 | - | - | - | - | - | - | 139,012 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | MUNICIPALITY OF RIONEGRO | - | - | - | - | 131,975 | - | - | 131,975 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Colombia | INDIGENOUS COMMUNITY ORGANIZATION (ORCONEPUL) | - | - | - | - | 86,410 | - | - | 86,410 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD | |
Ecuador | GOVERNMENT OF ECUADOR | MINISTRY OF ENERGY AND NON-RENEWABLE NATURAL RESOURCES OF ECUADOR | - | 10,388,278 | 357,000 | - | - | - | - | 10,745,278 | Paid in USD |
Ecuador | GOVERNMENT OF ECUADOR | SECRETARIAT OF HIGHER EDUCATION, SCIENCE, TECHNOLOGY AND INNOVATION | - | - | 300,000 | - | - | - | - | 300,000 | Paid in USD |
Ecuador | GOVERNMENT OF ECUADOR | INTERNAL REVENUE SERVICE | 380,688 | - | - | - | - | - | - | 380,688 | Paid in USD |
United States of America | STATE OF DELAWARE | DELAWARE SECRETARY OF STATE | 252,058 | - | - | - | - | - | - | 252,058 | Paid in USD |
Additional Notes: | Royalty payments include the following amounts of royalties in-kind: $86,687,102 for Middle Magdalena Basin, $50,077,746 for Putumayo Basin and $301,693 for Llanos Basin in Colombia and $9,735,779 for Oriente Basin in Ecuador. Royalties in-kind were calculated using royalty volumes multiplied by 2023 average realized prices of $67.11 per barrel for Colombia and $73.58 per barrel in Ecuador. |
Extractive Sector Transparency Measures Act- Annual Report | ||||||||||
Reporting Year | From: | 2023-01-01 | To: | 2023-12-31 | ||||||
Reporting Entity Name | Gran Tierra Energy Inc. | Currency of the Report | USD | |||||||
Reporting Entity ESTMA Identification Number | E742342 | |||||||||
Subsidiary Reporting Entities (if necessary) | ||||||||||
Payments by Project | ||||||||||
Country | Project Name | Taxes | Royalties | Fees | Production Entitlements | Bonuses | Dividends | Infrastructure Improvement Payments | Total Amount paid by Project | Notes |
Colombia | ENTITY WIDE | 110,200,481 | - | 173,826 | - | - | - | - | 110,374,307 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD |
Colombia | MIDDLE MAGDALENA BASIN | - | 89,831,037 | 248,616 | - | 733,588 | - | - | 90,813,241 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD |
Colombia | PUTUMAYO BASIN | - | 54,651,565 | 768,647 | - | 2,260,943 | - | - | 57,681,155 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD |
Colombia | LLANOS BASIN | - | 677,548 | 230,570 | - | - | - | - | 908,118 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD |
Colombia | LOWER MAGDALENA BASIN | - | - | 14,323 | - | - | - | - | 14,323 | Paid in Colombian Pesos.Translated at the 2023 average foreign exchange rate of 4325.05:1 USD |
Ecuador | ORIENTE BASIN | 380,688 | 10,388,278 | 657,000 | - | - | - | - | 11,425,966 | Paid in USD |
United States of America | ENTITY WIDE | 252,058 | - | - | - | - | 252,058 | Paid in USD | ||
Additional Notes: | Royalty payments include the following amounts of royalties in-kind: $86,687,102 for Middle Magdalena Basin, $50,077,746 for Putumayo Basin and $301,693 for Llanos Basin in Colombia and $9,735,779 for Oriente Basin in Ecuador. Royalties in-kind were calculated using royalty volumes multiplied by 2023 average realized prices of $67.11 per barrel for Colombia and $73.58 per barrel in Ecuador. |