(Ecopetrol, 19.Jul.2024) — Ecopetrol S.A. informs that it is engaged in conversations with Occidental Petroleum Corp. (OXY) oriented to consider the potential acquisition by Ecopetrol of a certain percentage of assets owned by CrownRock, a company located in the United States. The percentage of the assets and the price that Ecopetrol would pay are under analysis and assessment by Ecopetrol, and are subject to ongoing negotiations and terms that may be defined with OXY.
The execution of any final agreements, potential financing, and other procedures leading to the eventual closing of this transaction are subject to statutory and regulatory approvals applicable to Ecopetrol.
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