09:55 AM EST - Gran Tierra Energy Inc. : announced its financial and operating results for the quarter ended June 30, 2012, in addition to an independent mid-year reserve update for the company's largest asset, the Costayaco Field in Colombia. All dollar amounts are in United States dollars unless otherwise indicated. Revenue and other income for the quarter was $115.2 million, a 29% decrease over the same period in 2011; Net income was $13.1 million or $0.05 per share basic and diluted, compared to net income of $31.6 million or $0.11 per share basic and diluted in the same period in 2011. Gran Tierra Energy Inc.
shares T.GTE are trading up $0.04 at $4.45.