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Press Release

SAVIA Perú denies having installed an oil platform with 7 wells in Parachique

With regard to the news spread by the local media with reference to the installation of a new oil platform with 7 wells in Parachique, SAVIA Perú states the following: 1. It is not true that SAVIA Perú has recently, or thus far in 2011, installed an oil platform with 7 wells in Parachique waters, in the area known as "Matacaballo." 2. SAVIA Perú reiterates its strict observance of the legal provisions in force and its commitment to carry out its operations in a socially peaceful environment based on trust and mutual respect with the communities near its area of influence. 3. SAVIA Perú once again ratifies its interest in a transparent and informative dialog process regarding the scope of the Punta Lagunas natural gas project in its surrounding communities. 4. SAVIA Perú deems it necessary to clarify these points so as to provide accurate information to the public.

Sechura, June, 1, 2011

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Microsoft Word - 110601 SAVIA Perú Comunicado

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