Gran Tierra Energy signs Ecopetrol deal to earn 49% interest in Colombia’s Tisquirama block

Reuters03-18

<a href="https://laohu8.com/S/GTE">Gran Tierra Energy</a> signs Ecopetrol deal to earn 49% interest in Colombia’s Tisquirama block

Gran Tierra signed a contract with Ecopetrol under which it expects to earn a 49% working interest in the Tisquirama block in Colombia, subject to regulatory approval and other conditions. The block includes the Tisquirama and San Roque fields, which averaged 2,500 boepd gross in 2025. Phase 1 requires a minimum of USD 15 million and continuous water injection targeted for Q1 2027. Gran Tierra’s expenditure commitment includes a USD 92.4 million carry capital, including about USD 47.1 million on a gross capital program over 40 months. After Phase 1, Gran Tierra would receive 49% of existing base production and 49% of incremental production, and the parties would share ongoing capital expenditures.

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. Gran Tierra Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-029614), on March 17, 2026, and is solely responsible for the information contained therein.

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