X

Transactions

INTERNATIONAL COMMODITIES TRADER

View More (+)

X

INTERNATIONAL COMMODITIES TRADER

– Posse Herrera Ruiz advised an international commodities trader in the negotiation of a purchase agreement and a prepayment agreement with Geopark Colombia for the acquisition of up to 10,000 bpd of crude oil.
– Posse Herrera Ruiz advised an international commodities trader in the negotiation of crude purchase and dilution agreements with certain oil producers and in the negotiation of loading capacity and transportation capacity with Cenit and Ocensa in the Bicentenario and Ocensa pipelines.

PETROBRAS

View More (+)

X

PETROBRAS

Legal advisor to PETROBRAS INTERNATIONAL BRASPETRO BV SUCURSAL COLOMBIA in the declaration of existence of an Offshore Free Trade Zone.

ECOPETROL

View More (+)

X

ECOPETROL

Colombian legal advisor to Ecopetrol in the structuring of the sale, under Colombian Law 226, of its shares in Empresa de Energía de Bogotá S.A. ESP.

Anadarko Colombia Company

View More (+)

X

Anadarko Colombia Company

Legal advisors to Anadarko Colombia Company Sucursal Colombia in the declaration of existence of the first Colombian Offshore Free Trade Zone by the Colombian Ministry of Trade, Industry and Tourism for the exploration, technical evaluation and production of hydrocarbons.

ConocoPhillips – Canacol

View More (+)

X

ConocoPhillips – Canacol

• Legal advisor to ConocoPhillips Colombia Ventures Ltd. in the negotiation and execution of the first additional contract granted by the national Hydrocarbons Agency of Colombia ANH to enable the exploration and exploitation of unconventional hydrocarbons (shales).

NOVA COPPER

View More (+)

X

NOVA COPPER

Legal advisors to NovaCopper in the due diligence for the acquisition of 58% of the Titiribí mine from Sundward Resources in Antioquia.

Enerflex

View More (+)

X

Enerflex

Legal advisors to Enerflex in the US$430 million acquisition of assets of Axip Energy Services (formerly known as Valerus), including its Colombian operations.

Anadarko Petroleum Corp.

View More (+)

X

Anadarko Petroleum Corp.

Legal advisors to Anadarko Petroleum Corp. In conecction with an E&P offshore contract including two in joint venture with Ecopetrol. With a minimum exploration investment of US$300 million.

Conoco Phillips

View More (+)

X

Conoco Phillips

Super-major ConocoPhillips has entered Colombia with the help of Posse Herrera Ruiz. Conoco Phillips and Canacol have entered into a farm-out agreement (“FOA”) with Canacol Energy Ltd (TSX:CNE) for the exploration and potential development of Canacol’s operated Santa Isabel exploration and production contract located in the Middle Magdalena basin of Colombia.

Vale

View More (+)

X

Vale

Legal advisor to Vale in the US$300 million acquisition from Argos S.A., through its Carbones del Caribe subsidiary, and subsequent US$407 million sale, of the mining concession “El Hatillo” and the coal deposit “Cerro Largo” in the Colombian state of Cesar, as well as Sociedad Portuaria Río Córdoba “SPRC” with port facilities in the Atlantic coast and participation in the Fenoco railroad to the port.

Compañía de Petróleos de Chile COPEC S.A.

View More (+)

X

Compañía de Petróleos de Chile COPEC S.A.

Legal advisors to Compañía de Petróleos de Chile COPEC S.A. in the acquisition of an indirect controlling stake in Organización Terpel S.A., a local fuel and natural vehicular gas (GNV) distribution company with presence in Ecuador, Mexico, Panama, Peru and Chile, through a private purchase of a 47.2% stake in Proenergía Internacional S.A., the listing of the company in the Bolsa de Valores de Colombia and a subsequent tender offer whereby Copec acquired and additional 8.9% stake. Additionally, Copec made a tender offer over Sociedad de Inversiones en Energía S.A., a local listed company by means of which Proenergía controls Terpel. At a price of USD $3.8249 per each Proenergía share acquired directly or indirectly by Copec.

Gasco

View More (+)

X

Gasco

Legal advisors to Gasco in the structuring, negotiation and acquisition of several colombian gas liquefied GLP companies, including Plexa S.A. E.S.P., Vidagas de Occidente S.A. E.S.P., Almacenadora de Gas de Occidente S.A. E.S.P, Unigas S.A. E.S.P., Ultragas S.A. E.S.P., Provegas S.A. E.S.P., Almallano S.A. E.S.P., Cengas S.A E.S.P. and Portogas S.A. E.S.P.

Bioenergy – Ecopetrol

View More (+)

X

Bioenergy – Ecopetrol

Legal advisors to Bioenergy S.A. in the structuring and negotiation of the acquisition by Ecopetrol of a majority interest in Bioenergy S.A. and in the “El Alcaraván” project, for the development, financing and construction of a greenfield 330 thousand liter per day ethanol production facility. The project includes acquiring and preparing 11.000 hectares of land for the production of sugar cane in the Meta province of Colombia.

Termotasajero

View More (+)

X

Termotasajero

Advisors to four Colombian pension funds and Chilean foreign investors in the US$170 million acquisition and financing of the Termotasajero coal-fired power generation facility.

Andean Chemicals Ltd – Ecopetrol

View More (+)

X

Andean Chemicals Ltd – Ecopetrol

Legal advisors to Andean Chemicals Ltd. a subsidiary of Ecopetrol S.A. in connection with the acquisition of 51% of the outstanding share capital of Refinería de Cartagena S.A., from Colombian Refinery Holdings B.V. a wholly owned subsidiary of Glencore International A.G. Following closing of the transaction, Ecopetrol takes full ownership control over Refinería de Cartagena S.A.

ABN AMRO Bank N.V.

View More (+)

X

ABN AMRO Bank N.V.

Advisors to a syndicate of international banks led by ABN AMRO Bank N.V. acting as administrative agent, in a US$1,460 million loan granted to Empresa de Energía de Bogotá S.A. E.S.P., E.E.B. (Colombia), to finance the acquisition by its wholly owned subsidiary Transportadora de Gas del Interior S.A. E.S.P., TGI, of the natural gas transportation assets of Ecogas. The original US$1,460 million loan was partially assigned by EEB to TGI. Financing included creating corporate vehicles and the issue of Senior Regulation S and Rule 144A notes; TGI International Ltd. issued US$750 million due in 2017 and EEB International Ltd. issued US$610 million due in 2014.

Termocartagena

View More (+)

X

Termocartagena

Counsel to Termocartagena in the approx. US$17,5 million sale of a power plant to EMGESA, part of the Spanish Endesa group. The significance of the transaction is that the company was in a restructuring process (Ley 550).

Saxon Energy Services

View More (+)

X

Saxon Energy Services

Counsel to Saxon Energy Services (Canada) in the US$15 million acquisition of Parker Drilling Corp. assets in Colombia.