Gran Tierra Energy Inc. Announces Completion of Conditions Precedent for Tisquirama Contract

Gran Tierra Energy Inc. has satisfied all outstanding conditions precedent to its contract with Ecopetrol S.A., earning a 49% working interest in the Tisquirama block in Colombia's Middle Magdalena Valley Basin. The company plans to apply its waterflood expertise to the Tisquirama and San Roque fields, which averaged 2,500 boepd in 2025, with Phase 1 development expected to be completed in Q1 2027 following a minimum $15 million capital investment.

05/27/2026, 6:00 AM • GlobeNewswire

Gran Tierra Energy Inc. Announces Strategic Partnership with Ecopetrol for The Development of Fields in the Middle Magdalena Valley Adjacent to Gran Tierra's Largest Producing Field

Gran Tierra Energy has signed a contract to earn a 49% working interest in the Tisquirama block in Colombia's Middle Magdalena Valley through a partnership with Ecopetrol. The company expects to gain operatorship after completing Phase 1 development, involving a $47.1 million capital carry commitment over 40 months. The adjacent fields, which produced 2,500 boepd in 2025, have potential to exceed 13,000 boepd gross production through waterflood expansion and infill drilling, leveraging Gran Tierra's expertise from its neighboring Acordionero field.

03/17/2026, 5:35 PM • Benzinga

Ecopetrol's 2025 Earnings Distribution Proposal

Ecopetrol S.A. announced its 2025 earnings distribution proposal, approving an ordinary dividend of COP 110 per share (50.1% payout ratio of net income) to be paid by April 30, 2026. The company also allocated COP 21.1 trillion to an occasional reserve to support financial sustainability and strategic flexibility. The proposal will be submitted to shareholders at the General Shareholders' Meeting on March 26, 2026.

03/04/2026, 5:22 PM • Benzinga

Shell Sells 20% Stake To Kuwait Oil Player While Keeping Control Of Brazil's Orca Oil Prize

Shell stock rose 1.13% on Tuesday following its Brazilian subsidiary's sale of a 20% stake in the Orca deep-water development to Kuwait Foreign Petroleum Exploration Company (KUFPEC). The transaction allows Shell to maintain operational control with a 50% interest while efficiently managing capital across its portfolio. The deal is expected to close by end of 2026. Shell continues to expand with recent investments in Nigerian oil and gas projects.

02/03/2026, 1:39 PM • Benzinga

Parex Resources Announces Llanos Foothills Strategic Alliance, Operational Strength, and Timing of 2026 Guidance

Parex Resources and Ecopetrol have finalized a strategic alliance in the Llanos Foothills exploration program, securing regulatory approvals for Niscota and Farallones blocks. The company maintains strong production levels and plans to release 2026 guidance in January.

12/05/2025, 6:00 AM • GlobeNewswire

Ecopetrol Plans $5.9B–$7.2B Investments for 2026, Targets 40% EBITDA Margin

Colombian energy company Ecopetrol plans investments between $5.9B and $7.2B in 2026, focusing on production of 730-740 thousand barrels of oil equivalent per day and targeting a 40% EBITDA margin.

11/28/2025, 12:45 PM • Benzinga

Ecopetrol S.A. has obtained authorization to execute a loan with local financial institutions for COP 700,000 million, under a committed credit line structure

Ecopetrol S.A. received authorization from the Ministry of Finance to execute a COP 700,000 million loan with Banco Davivienda, with a five-year term and variable interest rate. The loan proceeds will be used for non-investment expenditures and demonstrates the financial sector's confidence in the company's strategy.

10/23/2025, 6:11 PM • Benzinga