# Gran Tierra shareholders approve sale of Colombia and Ecuador businesses

> Gran Tierra shareholders approved the previously announced sale on October 9; the transaction remains subject to regulatory approvals.

- Canonical URL: https://newsverum.com/en/news/gran-tierra-shareholders-approve-colombia-ecuador-sale-october-2026
- Publisher: Newsverum
- Section: Energy
- Country: Canada
- Published: 2026-10-11T18:18:35+00:00
- Updated: 2026-10-11T21:20:24+03:00
- Event / data period: 2026-10-09
- Other editions: [Türkçe](https://newsverum.com/tr/news/gran-tierra-shareholders-approve-colombia-ecuador-sale-october-2026.md), [العربية](https://newsverum.com/ar/news/gran-tierra-shareholders-approve-colombia-ecuador-sale-october-2026.md), [Français](https://newsverum.com/fr/news/gran-tierra-shareholders-approve-colombia-ecuador-sale-october-2026.md), [Español](https://newsverum.com/es/news/gran-tierra-shareholders-approve-colombia-ecuador-sale-october-2026.md), [Deutsch](https://newsverum.com/de/news/gran-tierra-shareholders-approve-colombia-ecuador-sale-october-2026.md), [Português](https://newsverum.com/pt/news/gran-tierra-shareholders-approve-colombia-ecuador-sale-october-2026.md)

Gran Tierra Energy said its shareholders approved on October 9 the sale of its Colombian and Ecuadorian businesses to Maurel & Prom. The company put total consideration, including assumed debt, at approximately US$1.33 billion.

Gran Tierra expects net cash proceeds of about US$315 million: roughly US$250 million at closing and US$65 million 364 days later. The sale has not closed; regulatory approvals in Colombia and Ecuador and other closing conditions remain outstanding.

## Data

### Shareholder approval for the sale

Shareholder vote and remaining closing conditions as reported by Gran Tierra.

Methodology: Amounts are company-reported estimates of consideration and cash proceeds; the sale is not completed.

| date | label | description | status |
|---|---|---|---|
| 2026-10-09 | Shareholder approval | Shareholders approved the previously announced sale; closing conditions remain. | occurred |

Sources: <https://www.globenewswire.com/news-release/2026/10/09/3378389/0/en/gran-tierra-energy-inc-stockholders-approve-sale-of-colombian-and-ecuadorian-businesses.html> · Download data: [JSON](https://newsverum.com/api/v1/articles/gran-tierra-shareholders-approve-colombia-ecuador-sale-october-2026/data/approval-event?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/gran-tierra-shareholders-approve-colombia-ecuador-sale-october-2026/data/approval-event?lang=en&format=csv)

## Sources

- [Gran Tierra Energy Inc. via GlobeNewswire](<https://www.globenewswire.com/news-release/2026/10/09/3378389/0/en/gran-tierra-energy-inc-stockholders-approve-sale-of-colombian-and-ecuadorian-businesses.html>) (Source checked: 2026-10-11; Published: 2026-10-09)

## Correction history

- 2026-10-11T21:20:24+03:00: The French, Spanish, German and Portuguese summaries now clarify that October 9 was the date of shareholder approval of the previously announced sale.

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