Gran Tierra Energy Inc. announced on August 5, 2025, that its indirect wholly-owned subsidiaries have entered into definitive agreements to acquire all of GeoPark Ecuador S.A.’s and Frontera Energy Colombia Corp Sucursal Ecuador’s interests in the Perico and Espejo Blocks in Ecuador. The total consideration for this acquisition is $15.55 million.
This strategic acquisition in Ecuador's Oriente Basin is expected to expand Gran Tierra's regional presence and increase its production. The Perico and Espejo Blocks are key assets that will contribute to the company's growth trajectory in South America.
The deal underscores Gran Tierra's commitment to developing its existing portfolio and pursuing additional growth opportunities that strengthen its asset base in its core operating regions.
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