Andres Alvarado

Andes Petroleum Ecuador LTD.

Andes Petroleum Ecuador Ltd. operates in the Tarapoa Block and the Lago Agrio Storage and Transfer Station in the province of Sucumbios. PetroOriental S.A. operates in Blocks 14 and 17 in the province of Orellana and Pastaza. These companies were set up with shareholder capital from state-run corporations of the People's Republic of China: China National Petroleum Corporation (CNPC), with a 55 per cent stockholding, and China Petrochemical Corporation (SINOPEC), with a 45 percent stake. We have been in Ecuador since 2006 and have put together a compact multicultural, efficient, talented, highly-professional team, responsible for meeting the high productive and quality standards we have demonstrated throughout this period. The fruits of our labour have been ostensibly beneficial for the development of Ecuador in a permanent display of our commitment to the country and its people, as you may appreciate while browsing through our pages. Cordially.