Gran Tierra Energy signs onshore exploration and production sharing agreement with SOCAR in Azerbaijan

Reuters
02/20
<a href="https://laohu8.com/S/GTE">Gran Tierra Energy</a> signs onshore exploration and production sharing agreement with SOCAR in Azerbaijan

Gran Tierra Energy Inc. said it signed, through an indirect wholly owned subsidiary, an exploration, development and production sharing agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR) for the onshore Guba-Khazaryani region in Azerbaijan. The company stated it will hold a 65% working interest and serve as operator of the contract area, covering about 0.4 million gross acres. Gran Tierra said the agreement’s effectiveness is subject to customary conditions, including approval by Azerbaijan’s legislature, and outlined an exploration program that includes gravity studies in 2026 and planned seismic acquisition and drilling starting in 2027.

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: GNW9658038-en) on February 19, 2026, and is solely responsible for the information contained therein.

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