Grupo Carso Acquires 100% of Capital Stock of PetroBal

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(Grupo Carso, 20.Jun.2024) — Grupo Carso, S.A.B. de C.V., following its notice dated 18 Dec. 2023, informs the investor public that since the stipulated conditions have been met and the corresponding regulatory authorizations obtained, on this date through its subsidiary Zamajal, S.A. de C.V., of which it owns 90% of its shareholding, formalized the acquisition of 100% of the capital stock of PetroBal Operaciones Upstream, S.A. de. C.V. an entity that is part of Grupo Bal and owner of PetroBal Upstream Delta 1, S.A. de C.V., an entity that holds a 50% interest in the Ichalkil & Pokoch fields (“Contract Area 4”), located off the coast of Campeche, and which, together with the Mexican government through the National Hydrocarbons Commission, and the consortium integrated by Fieldwood Energy E&P MÈxico, S. de R.L. de C.V., (as operating partner), and Delta 1, as financial partner, are parties to the CNH-R01-L02-A4/2015 contract for the exploration and extraction of hydrocarbons under the shared production modality corresponding to the referred Contract Area 4.

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