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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Gran Tierra Acquires Petrolatina Energy

Gran Tierra Energy, Inc. Petrolatina Energy Ltd
AnnouncedJul 1, 2016
TypeCorporate
Announced Date
July 01,2016
Close Date
August 23,2016
Transaction Type
Corporate
Enterprise Value (EV)($MM)
525




Snapshot
Asset/Basin:
{"Middle Magdalena",Llanos,Putumayo}
TargetZones:
{"Lisama A Sand","Li
Net Acres
% Oil:

Proved Reserves

PV-10 ($MM)
Location
Region
South America

Country
Colombia

Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Transaction Details:  Subscribe to see

Gran Tierra Energy Inc. has announced that the Company has entered into an agreement  to acquire PetroLatina Energy Ltd. for cash consideration of $525 million, consisting of an initial payment of $500 million at closing, subject to closing adjustments, and a deferred payment of $25 million prior to December 31, 2016.

PetroLatina is a private, independent exploration and production company with assets primarily in the Middle Magdalena basin of Colombia.

The pricing reflects a 7.9 percent discount from the five day volume weighted average price of $3.26.

Key Transaction Highlights Growth…

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Price History



Date Deal Headline Price$/acre
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