Gran Tierra Energy Inc. sells its Colombia and Ecuador oil business to Établissements Maurel & Prom S.A.
Type: Sale · Technology: Oil Gas, Other · Country: Colombia · Value: $1.33B · Announced: 2026-08-05
Gran Tierra Energy Inc. entered into a definitive share sale and purchase agreement to sell its Colombia and Ecuador oil business (all South American assets) to Établissements Maurel & Prom S.A. for a total enterprise value of $1.33 billion, with closing targeted on or about 2026-12-31 and an economic effective date of 2026-03-31.
Counterparties
- PT Pertamina (Persero) (Partner)
- Établissements Maurel & Prom S.A (Buyer)
- Gran Tierra Energy Inc (Seller)
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