January 12, 2017 / 4:50 AM / 7 months ago

BRIEF-Gran Tierra announces status of Peruvian assets

Jan 11 (Reuters) - Gran Tierra Energy Inc :

* Gran Tierra Energy Inc announces status of Peruvian assets

* Management of Gran Tierra is evaluating a proposal relating to company's assets in Peru

* Gran Tierra Energy - proposal contemplates SpinCo would engage in external capital raising activities to fund ongoing development of Peruvian assets

* Gran Tierra Energy - proposal will involve a spin-out of assets in Peru to a separate entity in which Gran Tierra will retain an equity interest Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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