Gran Tierra Energy

What Gran Tierra Energy does

Gran Tierra Energy Inc. is a publicly listed, internationally diversified exploration and production company focused on oil and natural gas, with assets and operations in Canada, Colombia, Ecuador, and Azerbaijan (entered via a 2026 partnership with SOCAR). The company is incorporated in Nevada, headquartered in Calgary, and trades under the symbol GTE on the NYSE American, Toronto Stock Exchange, and London Stock Exchange. Its core operating competency is the application of waterflood Enhanced Oil Recovery (EOR) techniques to mature fields — most notably Acordionero in Colombia — and the conversion of associated gas into electricity through its Gas-to-Power program, which used 80% of South American produced gas for energy generation in 2024. It also maintains active fugitive emissions detection programs using Optical Gas Imaging cameras in Colombia and aircraft-mounted LiDAR in Canada, and operates advanced environmental and community programs (NaturAmazonas, Emprender+, humanitarian demining) under ISO 14001 certification.

The company produces crude oil and natural gas at approximately 45,000-46,000 BOEPD across its asset base, with December 2025 hitting a record 48,235 BOEPD. Gran Tierra generates revenue through the sale of crude oil and natural gas to commodity traders, refiners, and downstream processors via direct sales, spot market transactions, and long-term contracts at wellhead and pipeline delivery points. It also derives periodic revenue from asset dispositions, notably the C$62.5 million sale of its remaining Simonette Montney Block interest in February 2026. Strategic capital deployment has been significant: a £174.1 million acquisition of i3 Energy plc (announced August 2024), a $150 million senior secured note issuance (September 2024), a $629 million bond exchange extending maturities to 2031 (March 2026), entry into Azerbaijan through a 65% working interest with SOCAR, and a 49% earn-in on Ecopetrol's Tisquirama block with a $92.4 million carry capital program.

The customer base is commodity-oriented and broad: Gran Tierra does not publish pricing as an undifferentiated producer of crude oil and natural gas, and pricing is set by Brent, WTI, and natural gas benchmarks. Its primary customer segments are oil and gas buyers/traders and national oil companies (Ecopetrol in Colombia, SOCAR in Azerbaijan) for joint venture exploration and production partnerships. Leadership is headed by President and CEO Gary Guidry, supported by CFO Ryan Ellson and COO Sebastien Morin, with country managers for Colombia and Ecuador overseeing local operations. The company employs 501-1,000 people across four countries and maintains regional headquarters in Bogotá and Quito in addition to its Calgary corporate office.

Name

Gran Tierra Energy

Legal name

Gran Tierra Energy Inc.

Website

https://grantierra.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Gran Tierra Energy is a publicly listed international oil and gas exploration and production company operating in Canada, Colombia, Ecuador, and Azerbaijan, producing approximately 45,000-46,000 BOEPD of crude oil and natural gas for sale to commodity traders, refiners, and downstream processors.

Ownership category

akta.pro rank

Product category

Oil and Gas Exploration and Production

NAICS

Oil and Gas Extraction (211), Crude Petroleum Extraction (211120), Natural Gas Extraction (21113)

SIC

Crude Petroleum & Natural Gas (1311), Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance) (EUAAAAAK)

akta.pro secondary industry

Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Oil and gas exploration
• Crude oil production
• Natural gas production
• Enhanced oil recovery
• Upstream energy operations

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Others

Revenue model

1. Oil and Gas Production Sales: Gran Tierra generates revenue through the sale of crude oil and natural gas produced from its exploration and production operations in Canada, Colombia, and Ecuador. Production averaged approximately 45,000-46,000 BOEPD in 2025-2026.
2. Asset Dispositions: The company generates periodic revenue through asset sales, such as the $49 million Simonette Montney Block sale in Q1 2026 and C$62.5 million sale of remaining Simonette interest.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Gran Tierra Energy is an international oil and natural gas exploration and production company that acquires working interests in proven hydrocarbon basins and develops them primarily through waterflood Enhanced Oil Recovery and Gas-to-Power conversion. It produces and sells crude oil and natural gas from assets in Canada, Colombia, Ecuador, and Azerbaijan, with average working interest production of approximately 45,000–46,000 BOEPD in 2025–2026. Revenue is generated by selling produced hydrocarbons at the wellhead or at delivery points into regional pipeline and transportation infrastructure.

Product overview

Gran Tierra Energy Inc. is a publicly listed diversified oil and natural gas exploration and production company. The company operates a single unified business focused on oil and gas E&P activities across its asset base in Canada, Colombia, Ecuador, and Azerbaijan. The company does not operate a platform-plus-modules architecture or sell multiple distinct software products — its offering is centered on crude oil and natural gas production from its operated and non-operated properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Natural Gas Exploration and Production Gran Tierra Energy operates as an international oil and natural gas exploration and production company with assets across Canada, Colombia, Ecuador, and Azerbaijan. The company acquires working interests in proven hydrocarbon basins and develops them through waterflood Enhanced Oil Recovery and Gas-to-Power programs, selling produced crude oil and natural gas to traders, refiners, and downstream processors. Average working interest production was approximately 45,000–46,000 BOEPD in 2025–2026.

Quantifiable outcome

• Achieved highest monthly production in company history at 48,235 BOEPD in December 2025
• +4 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered major, supporting and core.

• Ecopetrol S.A.majorStrategic or Co-development Partner · 17 March 2026Strategic partnership for the development of oil and gas fields in the Middle Magdalena Valley adjacent to Gran Tierra's Acordionero field. Gran Tierra will earn a 49% working interest in the Tisquirama block containing Tisquirama and San Roque fields, committing approximately $47.1 million as its share of a $92.4 million carry capital program over 40 months. Phase 1 waterflood expansion expected to achieve continuous water injection in Q1 2027.
• SOCAR (State Oil Company of the Republic of Azerbaijan)majorStrategic or Co-development Partner · 19 February 2026Gran Tierra signed an Onshore Exploration, Development and Production Sharing Agreement (EDPSA) with SOCAR for the Guba-Khazaryani region in Azerbaijan. Gran Tierra holds a 65% working interest and operatorship over approximately 0.4 million gross acres, with a 5-year exploration/appraisal period followed by 25 years for development. The agreement remains subject to approval by Azerbaijan's legislature.
• Shift (Business and Human Rights)supportingStrategic or Co-development Partner · 1 January 2019Long-standing partnership with Shift, the leading centre of expertise on UN Guiding Principles on Business and Human Rights. Gran Tierra participates in Shift's Business Learning program, which supports companies committed to fulfilling their responsibility to respect human rights.
• Conservation InternationalcoreStrategic or Co-development PartnerFounding partner in the NaturAmazonas flagship conservation program, a public-private alliance working to address root causes of deforestation in Colombia's Amazon region. The $17-18 million initiative over 7+ years has reforested over 2,000 hectares and planted over 1.6 million trees.
• FC Barcelona FoundationsupportingStrategic or Co-development PartnerStrategic alliance to prevent child recruitment and substance abuse in vulnerable populations in Putumayo, Colombia. The program uses football as a unifying tool for children to learn conflict resolution and prosocial behavior development.
• World Vision International FoundationsupportingStrategic or Co-development PartnerPartner in the Preventing Child Recruitment Program alongside FC Barcelona Foundation and Colombia's Agency for Reincorporation and Normalization (ARN) to increase resilience in vulnerable children.
• Colombian Campaign Against Mines (CCCM)supportingStrategic or Co-development PartnerAlliance partner in the Humanitarian Demining Pilot Project launched in 2019, working to clear anti-personnel mines in southern Putumayo. Nearly 3,000 residents can now move freely without fear of legacy explosive devices.
• Antonio Nariño UniversitysupportingStrategic or Co-development PartnerPartnership to install 13 residential-scale anaerobic biodigesters in Putumayo villages, treating wastewater organically and producing biogas for nearly 40 households and a school.
• CorpoamazoniacoreStrategic or Co-development PartnerRegional environmental regulator partner in Colombia, coordinating reforestation efforts including the Costayaco Forestry Centre and NaturAmazonas program. Established the Costayaco Forestry Centre in 2010 which has grown to 335 hectares.
• World Corporation for Women in Colombia (CMMC)supportingStrategic or Co-development PartnerPartner in the Emprender+ entrepreneurship program and Hilos de la Tierra (Threads of the Earth) program, supporting women entrepreneurs and artisans in Colombia.

Scale indicators15 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• Ecopetrol S.A. Colombia's state oil company and Gran Tierra's strategic partner on the Tisquirama block, serving as the dominant Colombian upstream incumbent that Gran Tierra partners with and competes against.
• Vermilion Energy Inc. International E&P with significant Canadian operations (including acquired i3 Energy assets now in Gran Tierra) plus European exposure, serving as a broader incumbent comparable across multiple jurisdictions.

Others

• SOCAR (State Oil Company of the Republic of Azerbaijan): Azerbaijan's national oil company and Gran Tierra's partner for the Guba-Khazaryani EDPSA, serving as the upstream host and counterparty for Gran Tierra's newest jurisdiction entry.

Direct peers

• Vista Energy S.A.B. de C.V. Latin America-focused independent E&P operating primarily in Argentina and Mexico, with comparable production scale and similar focus on unconventional and conventional reserve growth in emerging LatAm basins.
• Canacol Energy Ltd. Colombian-focused E&P with a heavy natural gas weighting, sharing operating jurisdiction with Gran Tierra and similar mid-cap public independent profile on the TSX.
• GeoPark Limited: Latin America-focused independent E&P operating in Colombia, Chile, Brazil, Argentina, and Ecuador with comparable production scale (~40,000-50,000 BOEPD) and similar waterflood and conventional asset base.
• Africa Oil Corp. International E&P with diversified African assets, comparable in scale and risk-appetite to Gran Tierra's Latin American and emerging-jurisdiction portfolio strategy.
• Frontera Energy Corporation: Colombia-focused E&P with producing assets in the Middle Magdalena Valley and Putumayo regions, comparable size and similar upstream operating model targeting Brent-linked crude sales.
• Parex Resources Inc. Pure-play Colombian E&P with operations concentrated in the Middle Magdalena and Llanos basins, directly overlapping with Gran Tierra's core Colombian acreage and similar mid-cap independent E&P profile.

Emerging players

• Touchstone Exploration Inc. Smaller Latin America and Trinidad-focused E&P, providing a comparable single-jurisdiction independent E&P model with similar operational footprint in the Caribbean/LatAm region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCRptZmCVQgtvKdwSDsABgYw
• Facebookfacebook.com/GranTierraEnergyInc
• LinkedInlinkedin.com/company/gran-tierra-energy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds6 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gran Tierra Energy