Gran Tierra Energy sells Colombia and Ecuador assets to Établissements Maurel & Prom

Type: Acquisition · Technology: Oil Gas · Country: Colombia · Value: $1.33B · Announced: 2025-02-10

Gran Tierra Energy agreed to sell its oil and gas operations and associated producing, development and exploration assets in Colombia and Ecuador to Établissements Maurel & Prom for an enterprise value of $1.33 billion, covering ~1.4 million gross acres, ~29,026 bopd (H1 2026 working interest) production and ~144 million barrels 2P reserves, with expected close on or around 2026-12-31 and economic effective date 2026-03-31.

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