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Gran Tierra Energy Inc.

03:40 PM EST - Gran Tierra Energy Inc. : announced the results of an independent reserve evaluation of the company's reserves by GLJ Petroleum Consultants Ltd. effective December 31, 2011. Total Proved reserves increased 43% to approximately 34.0 million barrels of oil equivalent (approximately 90% light and medium oil and liquids); Total Proved plus Probable reserves increased 56% to approximately 48.8 million barrels of oil equivalent (approximately 85% light and medium oil and liquids). Gran Tierra Energy Inc. shares T.GTE are trading down $0.07 at $5.83.