Gran Tierra Energy Announces Sale of North Sea Subsidiary to NEO Energy for $7.5 Million

Reuters
06-05
<a href="https://laohu8.com/S/GTE">Gran Tierra Energy</a> Announces Sale of North Sea Subsidiary to NEO Energy for $7.5 Million

CALGARY, Alberta, June 04, 2025 - Gran Tierra Energy Inc. has announced the sale of its wholly owned subsidiary, Gran Tierra North Sea Limited, to NEO Energy for a total consideration of US$7.5 million. Gran Tierra North Sea Limited holds a 100% equity interest in UKCS licence P2358, which includes the Serenity Discovery. The completion of the transaction is subject to customary conditions, including consent from the North Sea Transition Authority. The deal is expected to be finalized in the third quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gran Tierra Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9463552-en) on June 04, 2025, and is solely responsible for the information contained therein.

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