Gran Tierra Energy Executives Acquire Shares to Align Interests, Reflecting Strategic Move to Boost Shareholder Value.

Gran Tierra Energy's directors and management have acquired common shares at $4.53 per share on the Toronto Stock Exchange to align their interests with shareholder value. The acquisitions were made through the company's Employee Share Savings Plan. The move reflects a strategic effort to align management interests with shareholder value.

Gran Tierra Energy Inc. has announced a significant expansion of its operations in Ecuador's Oriente Basin through the acquisition of strategic assets. The company's wholly owned subsidiaries, Gran Tierra Energy Ecuador 1 GmbH and Gran Tierra Energy Ecuador 2 GmbH, 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 [1]. The total purchase price for these assets is $15.55 million, with an additional contingent consideration of $1.5 million payable upon the Perico Block achieving cumulative gross production of two million barrels as from January 1, 2025 [1].

The acquisitions are expected to close upon satisfaction of customary closing conditions, including regulatory approvals from Ecuador's Ministry of Energy, with closing anticipated no earlier than the fourth quarter of 2025 [1]. The Perico Block, directly adjacent to Gran Tierra's operated Iguana Block, where the company recently made two oil discoveries in the first half of 2025, offers strategic advantages for shared infrastructure and operational synergies [1]. The Espejo Block, located further south, also presents opportunities for value enhancement through existing production and development potential [1].

Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented, "These acquisitions represent a logical and strategic expansion of our footprint in Ecuador's Oriente Basin. The Company has successfully discovered a critical threshold of reserves in northern Ecuador that support future development" [1]. Guidry emphasized the company's established presence and technical expertise, positioning Gran Tierra to implement efficient enhanced oil recovery techniques such as waterflooding [1].

In addition to these strategic acquisitions, Gran Tierra's directors and management have acquired common shares at $4.53 per share on the Toronto Stock Exchange to align their interests with shareholder value. The acquisitions were made through the company's Employee Share Savings Plan, reflecting a strategic effort to align management interests with shareholder value [2].

These moves underscore Gran Tierra's commitment to Ecuador's energy sector and its efforts to attract foreign investment and boost oil production. However, the success of these expansions will depend on regulatory approval timelines and the company's ability to realize projected synergies across its consolidated Ecuadorian operations, particularly as global energy markets remain volatile.

References:
[1] https://www.globenewswire.com/news-release/2025/08/05/3127128/0/en/Gran-Tierra-Energy-Acquires-Strategic-Assets-in-Ecuador-s-Oriente-Basin.html
[2] https://www.marketscreener.com/news/gran-tierra-acquires-geopark-assets-in-ecuadorian-oil-blocks-ce7c5ed9dd8af226