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Maurel & Prom signs SPA to buy Gran Tierra assets in Colombia, Ecuador for USD 1.33 billion
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Maurel & Prom signs SPA to buy Gran Tierra assets in Colombia, Ecuador for USD 1.33 billion
  • Maurel & Prom signed a definitive SPA to buy Gran Tierra Energy CI GmbH, holding Gran Tierra’s Colombia and Ecuador oil assets.
  • Total consideration set at USD 1.33 billion, subject to customary working-capital adjustments, with economic effective date of March 31, 2026.
  • Structure includes a USD 50 million signing deposit, a USD 65 million seller note due 364 days post-closing, debt assumed including Senior Notes 9.50% due 2029, Senior Secured Notes 9.75% due 2031, Trafigura prepayment facility.
  • Assets produced 29,026 b/d net in H1 2026, with 144 million barrels of 2P reserves as of Dec. 31, 2025.
  • Closing targeted around Dec. 31, 2026; portfolio plan targets net output of about 40,000 b/d by 2029-2030.


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 via Business Wire (Ref. ID: 20260804212318) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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