Deal #8825

In 2006 the Hydrocarbon Exploration and Production Contract No 019 of 2006 Samán was signed between the National Hydrocarbons Agency -ANH- attached to the Ministry of Mines and Energy and the companies: Hocol SA, (a company organized under the laws of the Cayman Islands, with a branch in Colombia, which in turn was acquired by Grupo Empresarial Ecopetrol in 2009) and Perenco Oil and Gas Colombia Limited (a company organized under the laws of France, with a branch in Colombia). Hocol SA is the operator of the contract, which has a duration of 6 years for exploration and 24 years for the exploitation phase. The contracted area is 240,239 hectares in the departments of Bolivar, Sucre and Magdalena. However, it was not possible to establish the total number of hectares of the contract, the total number of hectares of exploration blocks and production fields developed by the company. Source 2

Gas

The contract has a duration of 6 years for exploration and 24 years for the exploitation phase. Source 2