Gran Tierra to sell Colombia and Ecuador assets to Maurel & Prom for $1.265B

GRAN TIERRA ENERGY INC.

Base consideration $1.265B; $50M deposit; completion subject to conditions precedent.
Sale covers shares of Gran Tierra Energy CI GmbH and subsidiaries holding Colombia and Ecuador assets.
Conditions include ANH and MEE approvals, Colombian competition clearance, and bond assumption.
Transaction requires stockholder approval; proxy statement to be filed with SEC.
Gran Tierra Energy Inc. guarantees seller obligations; Maurel & Prom guarantees purchaser.

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