Gran Tierra Energy Inc. Announces New US$75 Million Credit

From GlobeNewswire: 2025-04-16 18:25:00

Gran Tierra Energy Inc. has secured a reserve-based lending facility of up to US$75 million to enhance liquidity and support business operations. The facility, with a final maturity date of 36 months, will help strengthen the company’s balance sheet and deliver long-term value to stakeholders. The loan is secured by certain contracts and Gran Tierra’s Colombian commercial establishment. This move reflects confidence in the company’s strategy and assets, despite market volatility. Gran Tierra Energy Inc. is focused on oil and natural gas exploration and production in Canada, Colombia, and Ecuador, with common stock trading on multiple exchanges.



Read more at GlobeNewswire: Gran Tierra Energy Inc. Announces New US$75 Million Credit