Perenco Ecuador Limited

Perenco Warns That Suspension of its Contracts With Ecuador is Imminent due to Ecuador’s Refusal to Comply With International Arbitration Tribunal Orders

Perenco Calls on Ecuador Not to Sell Seized Oil and to Resume Negotiations

Perenco Will Protect Its Rights in Ecuadorian Oil Seized in Defiance of International Arbitration Tribunal Orders

LONDON - Perenco Ecuador Limited ("Perenco Ecuador") and its consortium partner, Burlington Resources Oriente Ltd.

LONDON - Perenco Ecuador Limited ("Perenco Ecuador") today called on the Government of Ecuador to cease efforts to sell oil seized from Blocks 7 and 21 in defiance of orders by international arbitration tribunals, and instead to seek a negotiated solution to the dispute concerning the applicability of Law 42 to Blocks 7 and 21.

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LONDON - Perenco Ecuador Limited ("Perenco Ecuador") today announced that it is prepared to take legal action against any company that purchases or transports crude oil the Ecuadorian Government has unlawfully seized.

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