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Reuters

05 Aug 2026, 06:53 UTC · 2h ago

Canada's Gran Tierra to sell South American assets to Maurel and Prom in $1.33 billion deal

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Canada's Gran Tierra to sell South American assets to Maurel and Prom in $1.33 billion deal

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Gran Tierra Energy agreed to sell its Colombian and Ecuadorean oil operations to Maurel & Prom for $1.33 billion, including debt. — A billion-dollar asset sale provides significant liquidity and alters the company's valuation and risk profile.
+0.50

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GRTE+0.50
The company is receiving a significant cash infusion and debt relief through the sale of its assets.

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GRT→MAU

6 related stories

Business Wire
2h ago
Maurel & Prom: Signing of an SPA for the Acquisition of Gran Tierra's Assets in Colombia and Ecuador
- colombia
- ecuador
- gas
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Canada's Gran Tierra to s… — GRTE +0.50 | NewsImpactScreener

Canada's Gran Tierra to sell South American assets to Maurel and Prom in $1.33 billion deal

What matters in this story

How each ticker is affected

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Maurel & Prom: Signing of an SPA for the Acquisition of Gran Tierra's Assets in Colombia and Ecuador

Canada's Gran Tierra to sell South American assets to Maurel and Prom in $1.33 billion deal

What matters in this story

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Maurel & Prom: Signing of an SPA for the Acquisition of Gran Tierra's Assets in Colombia and Ecuador

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Gran Tierra Energy Inc. Reports Second Quarter 2026 Results

Ecopetrol S.A. (EC) Q2 2026 Earnings Call Transcript

Everyday People Financial Corp. Reports Second Quarter Revenue Growth of 20% to $21.1 Million and Six-Month Revenue Growth of 27% to $41.5 Million, as Investment in Fee-Earning Capacity Adds to Top-Line Growth with Further Adjusted EBITDA Improvements

Sky Quarry Advances $50 Million Nevada Oil Development Program to Support Lower-Cost Regional Feedstock

Cardinal Energy: A Dividend Producer Becoming A Thermal Compounder

Canada's Gran Tierra to sell South American assets to Maurel and Prom in $1.33 billion deal

What matters in this story

How each ticker is affected

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Next reads from the same story arc

Maurel & Prom: Signing of an SPA for the Acquisition of Gran Tierra's Assets in Colombia and Ecuador

Canada's Gran Tierra to sell South American assets to Maurel and Prom in $1.33 billion deal

What matters in this story

How each ticker is affected

Connected tickers

Next reads from the same story arc

Maurel & Prom: Signing of an SPA for the Acquisition of Gran Tierra's Assets in Colombia and Ecuador

Track these names every morning.

Impact by category

Biggest drivers

Most positively impacted

Most negatively impacted

Gran Tierra Energy Inc. Reports Second Quarter 2026 Results

Ecopetrol S.A. (EC) Q2 2026 Earnings Call Transcript

Everyday People Financial Corp. Reports Second Quarter Revenue Growth of 20% to $21.1 Million and Six-Month Revenue Growth of 27% to $41.5 Million, as Investment in Fee-Earning Capacity Adds to Top-Line Growth with Further Adjusted EBITDA Improvements

Sky Quarry Advances $50 Million Nevada Oil Development Program to Support Lower-Cost Regional Feedstock

Cardinal Energy: A Dividend Producer Becoming A Thermal Compounder