Gran Tierra Energy $104.2 million acquisition of Putumayo and Llanos assets

21/2/2019
Asset acquisition

$ 104.2 million

Announced

21/2/2019


Overview:

  • Gran Tierra Energy has acquired three oil blocks in the Putumayo and Llanos basins for $104.2 million.
  • The transaction involves an acquisition of a 36.17% working interest in the Suroriente block, a 50% working interest in the Putumayo-8 block and 100% of the Llanos-5 block. 

Rani Mehta - Latin America Editor

 

 

Jurisdiction:

Colombia

Deal type:

Asset acquisition

Practice area:

M&A

Industry sector:

Oil and gas


Firm:

Party: Gran Tierra Energy (Acquirer)