BOGOTA,
Colombia, Dec. 31, 2024 /PRNewswire/ -- Ecopetrol
S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") confirms that on
December 29th, an agreement was
reached with Repsol regarding the purchase of the interest held by
Repsol in the Exploration and Production Contract (E&P
Contract) for Block CPO-09.
The final closing of the acquisition has not yet occurred, as
some of the conditions for closing are pending to be fulfilled,
including the approval by the Superintendence of Industry and
Commerce and the authorization by the National Hydrocarbons Agency
(ANH) within their respective competencies.
Ecopetrol plans to provide additional information regarding the
closing of the transaction in due time through the legally
authorized channels for this purpose and in accordance with the
regulations governing the disclosure of relevant information
Ecopetrol is the largest company in Colombia and one of the main integrated energy
companies in the American continent, with more than 19,000
employees. In Colombia, it is
responsible for more than 60% of the hydrocarbon production of most
transportation, logistics, and hydrocarbon refining systems, and it
holds leading positions in the petrochemicals and gas distribution
segments. With the acquisition of 51.4% of ISA's shares, the
company participates in energy transmission, the management of
real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the
international level, Ecopetrol has a stake in strategic basins in
the American continent, with Drilling and Exploration operations in
the United States (Permian basin
and the Gulf of Mexico),
Brazil, and, through ISA and its
subsidiaries, Ecopetrol holds leading positions in the power
transmission business in Brazil,
Chile, Peru, and Bolivia, road concessions in
Chile, and the telecommunications
sector.
For more information, please contact:
Head of Capital Markets (a)
Cristhian Prado Castillo
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co
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SOURCE Ecopetrol S.A.
