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

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.