The proposed work program for 2011-2012 will include:

Midas Block:

• Exploration Activities
  • The acquisition of 78sqkm of 3D seismic data
  • The drilling of one exploratory well
• Development Activities
  • Reprocessing 3D seismic data and seismic attributes relating to Midas Norte
  • Drilling Chuira-2 development well
  • Reprocessing 3D seismic data and seismic attributes relating to Midas Sur
  • Drilling Zoe-2 development well

La Paloma Block:

• Exploration Activities
  • The drilling of one exploratory well
• Development Activities
  • Drilling Colon-4 and Colon-5 development wells

Putumayo Block:

• Exploration Activities
  • The acquisition of 103 km 2D seismic data and an additional 48 km of 2D seismic data
  • The drilling of one exploratory well

VMM28 Block:

• Exploration Activities
  • The acquisition of 2D seismic data
  • The drilling of one exploratory well

Tisquirama Association Contract – Tisquirama B:

• Conducting simulation studies on the Los Angeles field
• Drilling of one exploratory well (Tronos-1 well)

Tisquirama Association Contract – Tisquirama A:

• Conducting simulation studies on the Santa Lucia field