Maurel & Prom signs $1.33 billion deal to buy Gran Tierra assets in Colombia, Ecuador

Reuters2026/08/05 05:36

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Maurel & Prom signed a definitive SPA to buy Gran Tierra’s Colombia and Ecuador assets via the acquisition of Gran Tierra Energy CI GmbH.
Total transaction value set at USD 1.33 billion, subject to customary adjustments, with economic effective date of March 31, 2026.
Consideration includes assumption of Gran Tierra debt of USD 582 million and a USD 350 million Trafigura prepayment facility, cutting cash due at closing.
Assets delivered net production of 29,026 bpd in H1 2026; 2P reserves of 144 million barrels as of Dec. 31, 2025.
Closing targeted around Dec. 31, 2026, pending Gran Tierra shareholder approval, creditor consents, and regulatory clearances in Colombia and Ecuador.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Établissements Maurel & Prom SA published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Maurel & Prom signs $1.33 billion deal to buy Gran Tierra assets in Colombia, Ecuador

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