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Llanos Oil vs Colombia-Ecopetrol 25 January 12

The Hague Court decision 14 December 2011.

Colombia decided not to file any further motions on 14 December 2011 as requested by the Judge last 09 November, 2011.  The judge of The Hague, in turn, has ruled that Colombia is not allowed anymore to file any further motions on the subject of the Dutch’s judge authority and jurisdiction.

Ecopetrol has requested Llanos Oil for an extensionof six (6) weeks to file their motion further substantiating their argument onthe issue of authority and jurisdiction of the Dutch judge.

Llanos Oil has agreed with the extension request from Ecopetrol.

Ecopetrol will now have to file their motion by 25 January 2012.

December 27, 2011

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