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Gran Tierra Energy Inc.
As of May 31, 2026 at 24:02 UTC
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About Gran Tierra Energy Inc.
Gran Tierra Energy Inc is an independent energy company. The company, along with its subsidiaries, is focused on oil and gas exploration and production, with assets in Colombia, Canada, and Ecuador. It produces oil, natural gas, and natural gas liquids. Gran Tierra has assembled a diversified, high-quality asset base that is fully operated in Colombia and Ecuador and partly in Canada. The company operates various blocks in Colombia and Ecuador, spanning three basins. It also has contiguous areas in Alberta, Canada, spanning various gross acres across the Western Canadian Sedimentary Basin. The company's reportable segments are Colombia, Ecuador, Canada, and Other. The majority of its revenue comes from operations in Colombia.
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Latest News
5 articlesGran Tierra Energy Inc. has satisfied all outstanding conditions precedent to its contract with Ecopetrol S.A., earning a 49% working interest in the Tisquirama block in Colombia's Middle Magdalena Valley Basin. The company plans to apply its waterflood expertise to the Tisquirama and San Roque fields, which averaged 2,500 boepd in 2025, with Phase 1 development expected to be completed in Q1 2027 following a minimum $15 million capital investment.
Gran Tierra Energy Inc. held its annual stockholders meeting on May 8, 2026, where all five nominated directors were elected. Stockholders also approved the ratification of KPMG LLP as the independent auditor for 2026 and endorsed executive compensation on an advisory basis. The company simultaneously released its 2025 Sustainability Report.
Gran Tierra Energy has signed a contract to earn a 49% working interest in the Tisquirama block in Colombia's Middle Magdalena Valley through a partnership with Ecopetrol. The company expects to gain operatorship after completing Phase 1 development, involving a $47.1 million capital carry commitment over 40 months. The adjacent fields, which produced 2,500 boepd in 2025, have potential to exceed 13,000 boepd gross production through waterflood expansion and infill drilling, leveraging Gran Tierra's expertise from its neighboring Acordionero field.
Gran Tierra Energy Inc. announced an exchange offer allowing eligible holders to exchange $716.34 million in outstanding 9.500% Senior Notes due 2029 for newly issued 9.500% Senior Secured Notes due 2031. The offer includes an early participation premium of $50 per $1,000 principal amount and a total consideration of $1,000 per $1,000 principal amount for early tenders. Simultaneously, the company is soliciting consents to amend the existing indenture to eliminate restrictive covenants, release collateral, and modify certain defined terms. The exchange offer requires minimum participation thresholds and is contingent on obtaining new financing.
Gran Tierra Energy confirmed compliance with post-offer intention statements following its recommended cash and shares acquisition of i3 Energy, which was completed on October 31, 2024.