Gran Tierra Energy Shareholders Approve $1.33B Colombia, Ecuador Sale
Gran Tierra Energy (TSE:GTE) shareholders approved a $1.33B sale of assets in Colombia and Ecuador, targeting a year-end 2026 close. The deal, with Maurel & Prom, is expected to leave the company debt-free, with $315M in net cash. Post-closing, Gran Tierra will focus on Canadian operations and Azerbaijan exploration. The company plans a share buyback and aims to save $80M annually in interest expenses.




