GTE news

Gran Tierra Energy Inc. stockholders approved the sale of its Colombian and Ecuadorian assets to Maurel & Prom for approximately US$1.33 billion, with net cash proceeds expected to be approximately US$315 million. This transaction is expected to make the company debt-free upon closing, which remains…

Gran Tierra Energy Inc. has entered into a definitive agreement to sell its Colombian and Ecuador oil business to Maurel & Prom for $1.33 billion, expected to result in net cash proceeds of approximately $315 million and repurpose the company for growth in Canada and Azerbaijan.

Gran Tierra's Q2 2026 production averaged 41,501 BOEPD. The company generated positive free cash flow and announced new Canadian resource estimates, as well as the sale of Lodgepole assets.