Gran Tierra Energy Inc. Announces Disposition of Simonette Assets
Gran Tierra Energy Inc. (GTE)
NASDAQ:AMEX Investor Relations:
grantierra.com/investor-relations.html
Company Research
Source: GlobeNewswire
CALGARY, Alberta, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) is pleased to announce that it has entered into a purchase and sale agreement to sell its remaining working interest in the Simonette asset for total cash consideration of C$62.5 million and will have an effective date of January 1, 2026. The transaction completes Gran Tierra’s exit from Simonette and will deliver cash proceeds that will be directed toward deleveraging the balance sheet. This divestiture reflects the Company’s continued focus on portfolio optimization, free cash flow, disciplined capital allocation, and strengthening its financial position by reallocating capital toward higher-return opportunities across its core operating areas. Closing of the transaction is expected to occur during the first quarter of 2026, subject to the satisfaction of customary closing conditions. Contact Information For investor and media inqui
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- Gran Tierra Energy Inc. Provides Release Date for its 2025 Fourth Quarter & Year End Results and Details of Conference Call and Webcast [Yahoo! Finance]Yahoo! Finance
- Gran Tierra Energy Inc. Provides Release Date for its 2025 Fourth Quarter & Year End Results and Details of Conference Call and WebcastGlobeNewswire
- Gran Tierra Energy Inc. Announces Signing of Onshore Exploration, Development and Production Sharing Agreement with the State Oil Company of the Republic of Azerbaijan [Yahoo! Finance]Yahoo! Finance
- Gran Tierra Energy Inc. Announces Disposition of Simonette Assets [Canadian Business Journal (Canada)]Canadian Business Journal
- Update: Gran Tierra Energy Enters Azerbaijan With EDPSA, Agrees To Sell Simonette Asset For C$62.5 Million [Yahoo! Finance]Yahoo! Finance
GTE
Sec Filings
- 2/20/26 - Form 8-K
- 2/19/26 - Form 4
- 2/19/26 - Form 4
- GTE's page on the SEC website