Gran Tierra Energy announces 4Q and 2010 results.(Financial report)

Gran Tierra Energy Inc (Gran Tierra) has announced financial and operating results for 4Q and year ended Dec 2010. Revenue and interest for 4Q 2010 stood at $112.7 M (+17% over $96.3 M in 4Q 2009). For 2010, Gran Tierra reported 2010 revenue and interest of $374.5 M (+42% over $263.7 M in 2009). Net income for 4Q 2010 was $13.1 M, or $0.05/basic share (net income of $30.8 M, or $0.13/basic share in 2009). For 2010, net income was $37.2 M, or $0.15/basic share (net income of $13.9 M, or $0.06/basic share in 2009). Average daily consolidated light and medium crude oil production for 4Q 2010 …