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Colombia
  

Hades E&P S.A. acquires 100% of Petrocolombia S.A.S.

October 18, 2017

Posse Herrera Ruiz acted as legal advisor of Synergy Energy Corporation in the sale of 100% of the shares of Petrocolombia S.A.S. to Hades E&P Holding S.A.

The purchase price was structured in a staggered manner depending on certain oil and gas production milestones under the Opon Association Contract with Ecopetrol S.A.Closing date: September 8, 2017

LEGAL ADVISORS

Counsel to Hades E&P Holding S.A.

Philippi Prietocarrizosa Ferrero DU & Uria: Partner Hernando Padilla; associates María Victoria Pérez y Ximena González.

Brigard & Urrutia: Partner Dario Laguado, and associate Laura Ribero. 

Counsel to Synergy Energy Corporation

Posse Herrera Ruíz: Partners Gabriel Sánchez, Jaime Cubillos and Jaime Herrera; associates Mariana Sánchez y Silvia Otero. 

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