EX-5.1 2 f34133a1exv5w1.htm EXHIBIT 5.1 exv5w1
 

         
(KUMMER KAEMPFER BONNER RENSHAW & FERRARIO LOGO)
  LAS VEGAS OFFICE
3800 Howard Hughes Parkway
Seventh Floor
Las Vegas, NV 89169
Tel: 702.792.7000
Fax: 702.796.7181
  RENO OFFICE
5585 Kietzke Lane
Reno, NV 89511
Tel: 775.852.3900
Fax: 775.852.3982
 
       
las vegas office
  SUMMERLIN OFFICE
3425 Cliff Shadows Parkway
Suite 150
Las Vegas, NV 89129
Tel: 702.693.4260
Fax: 702.939.8457
  CARSON CITY OFFICE
510 W. Fourth Street
Carson City, NV 89703
Tel: 775.882.1311
Fax: 775.882.0257
November 13, 2007
Gran Tierra Energy, Inc.
300, 611-10th Avenue S.W.
Calgary, Alberta T2R 0B2
Canada
Re:   Gran Tierra Energy, Inc.
First Amendment to Registration Statement on Form S-1
Ladies and Gentlemen:
We have acted as special Nevada counsel for Gran Tierra Energy, Inc., a Nevada corporation (the “Company”), in connection with the first amendment to the Registration Statement on Form S-1 (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission covering the resale of up to 3,942,856 outstanding shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (“Common Stock”), 14,787,300 shares of the Company’s Common Stock issuable upon exchange of exchangeable shares of Gran Tierra Goldstrike, Inc., an indirect subsidiary of Grant Tierra Energy, Inc. (the “Exchangeable Shares”), and 2,825,059 shares of Common Stock issuable upon the exercise of warrants (the “Warrant Shares”), to be sold by the selling stockholders identified in the Registration Statement.
We have examined all instruments, documents and records that we deemed relevant and necessary for the basis of our opinion hereinafter expressed. In such examination, we have assumed the genuineness of all signatures and the authenticity of all documents submitted to us as originals and the conformity to the originals of all documents submitted to us as copies. We have also assumed that a sufficient number of shares of Common Stock were authorized and available for the issuance of the Shares, Exchangeable Shares and the Warrant Shares. With respect to matters of fact relevant to our opinion, we have relied upon representations made by the Company in documents examined by us and representations of the Company’s officers. The foregoing opinion is limited to the Nevada Revised Statutes of the State of Nevada.
Based on such examination and subject to the limitations hereinabove provided, we are of the opinion that, under the laws of the State of Nevada and under the Company’s articles of incorporation and the Company’s bylaws, the Company had, or will have in the case of the Warrant Shares and Exchangeable Shares the full power and authority to issue the Shares, Exchangeable Shares, and Warrant Shares and that such Shares, Exchangeable Shares, and Warrant Shares are, or will be in the case of the Exchangeable Shares and Warrant Shares, subject to compliance with the terms of the applicable warrant, validly authorized, legally issued, fully paid and non-assessable.
(LAW FIRMS WORLDWIDE MERITAS LOGO)

 


 

(KUMMER KAEMPFER LOGO)   Gran Tierra Energy, Inc.
November 13, 2007
Page 2
We hereby consent to the filing of the foregoing opinion as an exhibit to the Registration Statement and to the use of our firm name under the caption “Legal Matters” in the Registration Statement. It is understood that this opinion is to be used only in connection with the offer and resale of the Shares, Exchangeable Shares and Warrant Shares while the Registration Statement is in effect.
Very truly yours,
/s/ Kummer Kaempfer
KUMMER KAEMPFER BONNER RENSHAW & FERRARIO