The SIC Received an Integration Request Between Ecopetrol and Gran Tierra to Operate Oil Fields

The Superintendency of Industry and Commerce (SIC) initiated an administrative procedure to evaluate a business integration operation between E...

The SIC Received an Integration Request Between Ecopetrol and Gran Tierra to Operate Oil Fields

TL;DR

  • The SIC is evaluating a business integration operation between Ecopetrol and Gran Tierra Energy.
  • The operation focuses on the joint development of hydrocarbon activities.
  • It is structured as a collaboration contract, not the creation of a new company.
  • The agreement allows for the combination of technical, operational, and financial capabilities.
  • The integration involves the Tisquirama and San Roque fields.
  • The SIC will review the operation to determine its authorization or necessary conditions.