Who is Gran Tierra Energy?
Full Cycle Company
FIND: high-impact exploration in Azerbaijan, GTE holds a 65% working interest and operatorship
DEVELOP: efficiently drill, enhance recovery and maximize asset value across the Canadian asset base
PRODUCE: operate as a full cycle company, replacing reserves and optimizing performance
Low-Cost Operator
Benchmarking against peers underpins our cost discipline across operations
Focused on continuous improvement through the application of technology
A simpler corporate structure with substantially lower overhead following close of the transaction
Focused Portfolio
Two core areas: producing assets in Canada and an operated exploration position in Azerbaijan
In Canada, approximately 12,000 to 13,000 boepd, over 500,000 net acres and 86 MMBOE of 2P reserves, 80 MMBOE unrisked gross best estimate (2C) contingent resources (development on hold) and 67 MMBOE unrisked gross best-estimate (P50) prospective resources (prospect)1,2,3
Capital Discipline
Maintaining strict capital allocation discipline in all price environments
Capital directed to the retained assets offering the most attractive risk-adjusted returns
Proven track record of operating within cash flow regardless of commodity cycle
Focus on Debt-Free Fully Financed Growth
Debt-free at completion, with the Purchaser assuming substantially all net liabilities
Approximately $315 million of total cash and an undrawn C$75 million credit facility
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Strategic Criteria
Proven Hydrocarbon Basins
World-class, large OOIP / OGIP inventory of development and prospects across proven basins
Establish Infrastructure to Deliver Half-Cycle Economics
Sufficient spare infrastructure capacity for long-term processing and marketing to reduce OPEX, enhance project economics and deliver Free Cash Flow
Actionable Market
Active energy market with transactional opportunities to build a broad, deep portfolio and a sustainable long-term exploration and development pipeline
Stable Economic Environment
Contract sanctity and rule of law in an economic environment that encourages foreign direct investment and resource development
Competitive Fiscal Regime
Flexible, progressive regime with sliding-scale royalty or contractor take among the world’s best
Gran Tierra’s portfolio provides depth and breadth of highly actionable opportunities across the exploration and development spectrum.
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View Footnotes
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- Reserves estimates per GTE McDaniel December 31, 2025 Reserves Report. As of December 31, 2025.
- Resources estimates per GTE McDaniel Contingent Resources Report and GTE McDaniel Prospective Resources Report, respectively. There is no certainty that it will be commercially viable to produce any portion of the contingent resources or that any portion of the prospective resources will be discovered and, if discovered, commercially viable to produce. As of June 30, 2026.
- See “Presentation of Oil & Gas Information”.
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