One-Page Deal Sheet
Gran Tierra Seals Acquisition of Colombia-Focused Petroamerica
Gran Tierra Energy, Inc. Petroamerica Oil Corp
Announced Date
November 13,2015
Close Date
January 13,2016
Transaction Type
Corporate
Enterprise Value (EV)($MM)
70
Asset/Basin:
{"Putumayo Basin","Llanos Basin"}
TargetZones:
{"N Sand (Putumayo)"
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
South America
Country
Colombia
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - January 13, 2016
Gran Tierra Energy Inc. has completed the acquisition of all of the issued and outstanding common shares of Petroamerica (being 108,888,215 Petroamerica Shares) by way of plan of arrangement under the provisions of the Business Corporations Act (Alberta). Under the terms of the Acquisition, shareholders of Petroamerica exchanged each of their Petroamerica Shares for: (a) cash in the amount of C$1.33; (b) 0.4 of a share of common stock of Gran Tierra; or (c) a combination thereof. Gran Tierra paid an aggregate of approximately $69.8 million (C$99.4…
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|---|---|---|---|---|---|
| Feb-02-2026 |
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| Sep-09-2020 |
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| Jan-31-2020 |
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| Dec-27-2019 |
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| Nov-15-2019 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
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