Posse Herrera Ruiz advised Occidental Andina in the sale of its onshore E&P assets in Colombia to the Carlyle Group

Posse Herrera Ruiz acted as Colombian legal counsel to Occidental Andina in the bidding
process and subsequent sale of Oxy’s Colombian onshore E&P assets to The Carlyle Group.

DEAL VALUE: USD 825 MILLION*

CONFIDENTIAL Yes ☐ No ☒     STAKE:100 %

ANNOUNCEMENT/SIGNING DATE: Thursday, October 01, 2020

CLOSING DATE: Subject to regulatory approvals.

Cross-border matter    New York

         LEGAL ADVISORS

COUNSEL TO OCCIDENTAL ANDINA

Posse Herrera Ruiz
Leading Partner(s):    Jaime Herrera (M&A) and Álvaro Rodríguez (Natural Resources)
Other Lawyers:    Mariana Sánchez (Natural Resources), Erika Serrano (Environmental),
Julián Manrique (Natural Resources), Camilo Lovera (M&A) and
Juliana Zuñiga (M&A).

White & Case
Leading Partner(s): Emery Choi (Houston), Seth Kerschner (New Yok), Jay Cuclis (Houston)
Other Lawyers: Danny Hatch (Houston), Nicole Rodríguez-Fierro (Houston), James
Langlois (Houston) and Carlos Díaz Sordo (Houston)

COUNSEL TO THE CARLYLE GROUP

Gomez Pinzón
Leading Partner(s):    Andres Hoyos
Other Lawyers:    Jose Luis Palacios

Latham & Watkins
Leading Partner(s):   Simon Tysoe (London), Sam Newhouse (London),
Other Lawyers:    Hector Sants (London), James Thomson (London)