Gran Tierra Energy to acquire i3 Energy for £174m.

Gran Tierra Energy, an energy company, offered to acquire i3 Energy, an oil and gas development company, for £174m. "We are thrilled to announce this acquisition, which marks a significant milestone in diversifying our portfolio while strengthening our asset base. By integrating these high-quality, operated assets, including low-decline production, large resources in place and a substantial land base, we are not only enhancing our asset base but also aligning with our long-term strategic vision. We are excited to welcome the talented Canadian team to our company, as their expertise and dedication will be invaluable in driving our continued success. This acquisition is a testament to our commitment to sustainable and profitable growth and delivering consistent value to our shareholders," Gary Guidry, Gran Tierra President and CEO.