CALGARY - Gran Tierra Energy Inc. (TSX:GTE), a Calgary junior which focuses on oil and gas exploration and production in South America, says it has finalized a deal with Alvorada Petroleo S.A. to pay US$22.6 million and commit to drilling two wells in 2011 to acquire a 70 per cent working interest in Blocks REC-T-129, -142, -155 and -224 in the on-shore Reconcavo Basin in Brazil.
Gran Tierra Energy buys exploration and production properties in Brazil
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