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Gran Tierra Energy Inc.

10:04 AM EST - Gran Tierra Energy Inc. : announced financial and operating results for the quarter ended March 31, 2011. All dollar amounts are in United States dollars unless otherwise indicated. Revenue and other income for the quarter was $122.5 million, a 32% increase over the same period in 2010. Net income was $13.7 million or $0.05 per share basic and diluted, compared to net income of $10.0 million or $0.04 per share basic and diluted in the same period in 2010. Gran Tierra Energy Inc. shares GTE are trading down $0.05 at $6.79.