Gran Tierra Energy Inc (GTE)

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Why would Ecopetrol be interested in buying Gran Tierra
Ecopetrol is 80% owned by Colombia and cash flowing into government coffers is the focus.
GTE - 2022 Year-End 1P Reserves 84 MMBOE and 2P Reserves 130MMBOE
Reserves being in oil
At $60 oil at least $30 of cash flow is going to government coffers = $2.5 billion funding to the government. (conservative numbers)
Ecopetrol would also be getting the 2P reserves and the under explored Putamayo field. Likely another $1 billion into government coffers.

Is Ecopetrol interested? Apr 24, 2023, the company’s new Chief Executive Officer Ricardo Roa;
"When asked about the Permian Basin joint venture with Occidental Petroleum Corp. in Texas, Roa said it was “very profitable.” If you get rid of one profitable asset, you would need to find something that is equally profitable, he said."

Colombia has a current policy of no new drilling concessions will be granted. Want more you will need to buy a company with drilling rights already awarded, like GTE