0001273441-13-000012 Sample Contracts

COSTAYACO CRUDE OIL SALES / PURCHASE AGREEMENT
Sales / Purchase Agreement • February 26th, 2013 • Gran Tierra Energy Inc. • Crude petroleum & natural gas

This CRUDE OIL SALES / PURCHASE AGREEMENT (hereinafter the “Agreement”) is entered into on December 3, 2012 and shall be in effect as of this date, by and between PETROLIFERA PETROLEUM (COLOMBIA) LIMITED a limited liability company organized under the Laws of Cayman Islands, acting through its duly registered Colombian branch (hereinafter the “SELLER”), jointly represented by Alejandra Escobar Herrera, identified with Citizenship Card No. 52.646.943 and Manuel Antonio Buitrago Vives, identified with Citizenship Card No 72.191.666, duly authorized to enter into this Agreement pursuant to the Certificate of Incorporation and Legal Representation attached hereto, issued by the Chamber of Commerce, and GUNVOR COLOMBIA SAS, a company organized under the Laws of the Republic of Colombia (hereinafter the “BUYER”), represented by Jaime Alejandro Hoyos Juliao, bearer of Citizenship Card No. 80.082.474, duly authorized to enter into this Agreement pursuant to the vote in writing dated November 3

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A R G O S Y E N E R G Y I N T E R N A T I O N A L
Gran Tierra Energy Inc. • February 26th, 2013 • Crude petroleum & natural gas

The undersigned, to wit: on the one hand, the National Hydrocarbons’ Agency, hereinafter ANH, a Special Administrative Unit attached to the Ministry of Mines and Energy, created by Decree – Law 1760 of 26 June 2003, with its main seat of business at Bogotá, D. C., represented herein by JOSE ARMANDO ZAMORA REYES, of legal age, bearer of I. D. Number 19.303.017 of Bogotá, domiciled in Bogotá, D. C., who represents that: 1. In his capacity as General Director of the ANH appears in the name and in behalf of said Agency; and 2. For the execution of this agreement it has been authorized by the ANH’S Council of Directors according to Minutes Number 33 dated on the twenty first (21st) day of April of two thousand and five (2005), and on the other hand ARGOSY ENERGY INTERNATIONAL, a company incorporated according to the laws of the United States of America with its main place of Business in Salt Lake City, Utah, with a Branch Office established in Colombia and the main place of business in Bogo

CONTRACT: VSM-GPS-053-2012
Gran Tierra Energy Inc. • February 26th, 2013 • Crude petroleum & natural gas

The contracting parties, namely: ECOPETROL S.A., national decentralized entity, created through Law 165 of 1948, with TIN 899.999.068-1, organized as Mixed Economy Corporation, based on the provisions of Article 2 of Law 1118 of 2006, ascribed to the Ministry of Mines and Energy, with main domicile in Bogotá D.C., which By-Laws are integrally contained in Public Deed No. 5314 of December 14, 2007, issued at Notary Public Office Two of the Bogota D.C. Notary Circle and registered at the Chamber of Commerce of Bogota D.C., which shall hereinafter for all purposes be referred to as the BUYER, represented herein by BERNARDO CASTRO CASTRO of age, and resident of this city, identified with Colombian Identity Card No. 79.295.921 issued in Bogotá, who in his condition of Planning and Supply Manager and in furtherance of the authorization contained in the Authority Delegations Manual of ECOPETROL S.A. acts on behalf of, and in representation of this Company and, on the other, PETROLIFERA PETROL

CONTRACT: VSM-GPS-050-2012
Gran Tierra Energy Inc. • February 26th, 2013 • Crude petroleum & natural gas

The contracting parties, namely: ECOPETROL S.A., national decentralized entity, created through Law 165 of 1948, with TIN 899.999.068-1, organized as Mixed Economy Corporation, based on the provisions of Article 2 of Law 1118 of 2006, ascribed to the Ministry of Mines and Energy, with main domicile in Bogotá D.C., which By-Laws are integrally contained in Public Deed No. 5314 of December 14, 2007, issued at Notary Public Office Two of the Bogota D.C. Notary Circle and registered at the Chamber of Commerce of Bogota D.C., which shall hereinafter for all purposes be referred to as the BUYER, represented herein by BERNARDO CASTRO CASTRO of age, and resident of this city, identified with Colombian Identity Card No. 79.295.921 issued in Bogotá, who in his condition of Planning and Supply Manager and in furtherance of the authorization contained in the Authority Delegations Manual of ECOPETROL S.A. acts on behalf of, and in representation of this Company and, on the other, GRAN TIERRA ENERGY

SEVENTH AMENDMENT TO CREDIT AGREEMENT dated as of January 17, 2013
Credit Agreement • February 26th, 2013 • Gran Tierra Energy Inc. • Crude petroleum & natural gas • New York

THIS SEVENTH AMENDMENT TO CREDIT AGREEMENT (this “Seventh Amendment”) dated as of January 17, 2013, is among SOLANA RESOURCES LIMITED, a corporation duly formed and existing under the laws of the Province of Alberta, Canada (the “Borrower”); GRAN TIERRA ENERGY INC., a corporation formed and existing under the laws of the State of Nevada (the “Parent”); WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent (in such capacity, together with its successors in such capacity, the “Administrative Agent”) for the lenders party to the Credit Agreement referred to below (collectively, the “Lenders”) and as global coordinator; and the undersigned Lenders.

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