0000891618-07-000210 Sample Contracts

PALMAR LARGO ASSIGNMENT AGREEMENT
Palmar Largo Assignment Agreement • March 30th, 2007 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas

This Particular Assignment Agreement (this “Agreement”) is entered into in the City of Buenos Aires the 1st day of September, 2005 by and between DONG WON CORPORATION (SUCURSAL ARGENTINA), the Argentine Branch of Dong Won Corporation Korea (a company duly organized and existing under the laws of Korea), domiciled at Av. Córdoba 1561, 3rd Floor; Buenos Aires, Argentina (hereinafter, the “Assignor”), and GRAN TIERRA ENERGY ARGENTINA S.A., (a company duly organized and existing under the laws of Argentina) registered with the Office of Business Organizations under number 9392 of the book number 28 of Corporations (“Sociedades Por Acciones”), domiciled at San Martin 323, 13th Floor, Buenos Aires, Argentina (hereinafter referred to as “Assignee”). ”. The parties of this Agreement shall be individually referred to as a “Party” and collectively as the “Parties”.

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CONTRACT No. VSM-GPS-011-2006 BUYER: ECOPETROL S.A. SELLER: ARGOSY ENERGY INTERNATIONAL PURPOSE: CRUDE PURCHASE-SALE OF THE SANTANA SHARED RISK CONTRACT (CPR-SANTANA) AND GUAYUYACO ASSOCIATION CONTRACT
Gran Tierra Energy, Inc. • March 30th, 2007 • Crude petroleum & natural gas

The contracting parties, namely: ECOPETROL S.A., a decentralized entity of the national order, established through Law 165 of 1948, organized as a joint Stock Company pursuant to Decree 1760 of 2003, with Tax Identification Number 899-999-068-1, attached to the Ministry of Mines and Energy, with main domicile in Bogotá D.C., whose corporate bylaws are contained in Public Deed No. 4832 dated October 31, 2005, and Public Deed 4302 of September 26, 2006, from the Second Notary of the Bogotá D.C. Circle, hereinafter and for all purposes of this contract referred to as ECOPETROL or the BUYER, represented herein by CAMILO MARULANDA LOPEZ, of legal age and resident of this city, bearer of Identity Document No. 10.008.868, issued in Pereira, who in his capacity as Supply and Marketing Vice President and in exercise of the authorization contained in the Administrative Control Manual acts in the name and on behalf of this corporation and, on the other hand, ARGOSY ENERGY INTERNATIONAL, a company

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