Gran tierra energy inc. announces effectiveness of continuation agreement for suroriente block

Calgary, alberta, aug. 31, 2023 (globe newswire) -- gran tierra energy inc. (“gran tierra” or the “company”) (nyse american:gte)(tsx:gte)(lse:gte) today is pleased to announce that the company has satisfied all outstanding conditions precedent to the effectiveness of the agreement previously announced on april 11, 2023 with ecopetrol s.a. (“ecopetrol”), the national oil company of colombia, by which the parties renegotiated the terms and the duration of the contract for the suroriente block in the department of putumayo (“suroriente”), which was scheduled to end in mid-2024 (the “suroriente continuation agreement”). all dollar amounts are in united states (“u.s.”) dollars unless otherwise indicated.
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