Gran Tierra Energy Inc. Announces Closing of Strategic Joint Venture Transaction and Partnership with Logan Energy Corp. to Accelerate Value in High-Impact Canadian Montney Oil Play
Gran Tierra Energy Inc. (GTE)
NASDAQ:AMEX Investor Relations:
grantierra.com/investor-relations.html
Company Research
Source: GlobeNewswire
CALGARY, Alberta, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) is pleased to announce that Gran Tierra (by way of its wholly-owned subsidiary) has completed its previously announced strategic joint venture transaction and partnership (the “Transaction”) with Logan Energy Corp. (“Logan”) (TSXV:LGN). Pursuant to the Transaction, Gran Tierra and Logan entered into a purchase and sale agreement whereby Logan acquired a 50% working interest and operatorship of a portion of Gran Tierra's Simonette Montney assets (the “Assets”) for approximately C$52 million in cash, subject to customary adjustments. Gran Tierra will retain the remaining 50% working interest in the Assets. The Transaction is expected to provide a growth-focused platform to advance Gran Tierra's Montney development and is aligned with the Company's corporate strategy of long-term value creation. Contact Information For investor and media
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News
- Gran Tierra Energy Inc. (NYSE: GTE) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Wednesday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Gran Tierra Energy Inc. Announces Exploration Success in Ecuador and Strategic Joint Venture Transaction and Partnership to Accelerate Value in High-Impact Canadian Montney Oil Play with Logan Energy Corp. [Yahoo! Finance]Yahoo! Finance
- Gran Tierra Energy Inc. Announces Exploration Success in Ecuador and Strategic Joint Venture Transaction and Partnership to Accelerate Value in High-Impact Canadian Montney Oil Play with Logan Energy Corp.GlobeNewswire
- Gran Tierra Energy Inc. (NYSE: GTE) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
GTE
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- GTE's page on the SEC website