Gran Tierra Energy (TSE:GTE) to make US$535 million Colombian acquisition 

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Canadian oil and gas company makes cash deal for PetroLatina Energy Ltd.

Gran Tierra Energy Inc. (TSE:GTE) has lined up its third major Colombian acquisition of 2016.

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The Calgary-based company has agreed to pay US$525 milion cash for PetroLatina Energy Ltd.

Gran Tierra says the PetroLatina acqusition will increase its land position in in a prolific part of Colombia and add 53 million barrels to its proven and probable reserves.

Read the full article at: ca.finance.yahoo.com