As at February 29, 2016 PACIFIC EXPLORATION & PRODUCTION CORPORATION (British Columbia) 75% * PRE E&P Holdings Corp. (BVI) 100% Petro International Ltd. (Bermuda) 100% Pacific Midstream Holding Corp. (Bahamas) * Pacific Midstream Holding Corp. Sucursal Colombia (COL Branch) 100% Petrominerales Bermuda Ltd. (Bermuda) 35% Oleoducto de los Llanos Orientales, S.A. (Panama) 100% Pacific Global Capital, S.A. (Luxembourg) 100%* Pacific OAP Corp. (Panama) Pacific Midstream Ltd. (Bermuda) 100% 100% 100% Pacific OBC Pacific OBC Pacific OBC Corp. 1 Corp. 4 Corp. (Panama) (Panama) (Panama) 100% PRE FLNG Ltd. (Bermuda) 100% * Petrominerales Orito Ltd. (Bermuda) 95% * Inversiones Sol del Sur SAS (COL) 5% * * Pan Andean Resources (COL Branch) 100% Major International Oil S.A. (Panama) 5% BLUE Advanced Colloidal Fuels Corp. (Panama) 100% 100% Petrominerales Colombia Corp. (Panama) Agro Cascada S.A.S. (COL) Petrominerales Colombia Corp. Sucursal Colombia (COL Branch) 100% Pacific Marketing International Corp. (Panama) 51% Promotora Agricola de los Llanos S.A. (Panama) 100% 100% PRE LC Pipeline Oleoducto del Caribe S.A.S. Ltd. (COL) (Bermuda) Midstream Services S.A.S. (COL) 100% Pacific Stratus Energy S.A. (Panama) Pacific Infrastructure Ventures Inc. (COL Branch) CGX Energy Inc. (Ontario) Major International Oil S.A. (COL Branch) 100% 100% LNG Port 3 Ltd. (Bermuda) LNG Port 4 Ltd. (Bermuda) 100% Solaris Corporation A.V.V. (Aruba) Zona Franca Bahía de Cartagena S.A.S. (COL) 94.84% Sociedad Portuaria Bahía S.A. (COL) 21.09% Pacific Power Generation Corp. (form. Ronter Inc.) (Panama) 100% Caribbean Gas Trading Corp. (BVI) 100% Pacific Ventures C.A. (Venezuela) 100% Pacific Reinsurance Limited (Bermuda) 8.49% Caribbean Pacific E&P USA, Inc. Resources Corp. (Texas) (British Columbia) 0.1% 99.9% Pacific Rubiales E&P Mexico, S.A.P.I de C.V. (Mexico) 0.1% 99.998% 0.002% Pacific Brasil Exploração e Produção de Óleo e Gás Ltda. (Brazil) 49.999% Maurel & Prom Colombia B.V. (Netherlands) PRE Corporate Services Corp. (COL Branch) 0.0001% Pacific Stratus Energy del Peru S.A. 0.0008% (Peru) 87.6043% 12.3948% 100% Pacific Belize Energy Corp. (Panama) 100% BCH International Inc. (BVI) 99.94% 100% Pacific Stratus Energy Colombia Corp. (Panama) Maurel and Prom Colombia B.V. (COL Branch) 100% * C.I. Pacific Fuels International S.A.S. (COL) 0.06% Pacific Rubiales Guatemala, S.A. (Guatemala) 100% * Petrolia Energy Corp. (Panama) * Petro Rubiales Corp. Sucursal Colombia (COL Branch) Pacific Stratus Energy Colombia Corp. (COL Branch) 100% Centro Multinacional Pacific S.R.L. (Spain) 100% Pacific E&P Holdings Corp. (Switzerland) 100% Pacific Rubiales PNG Limited (Papua New Guinea) 100% Meta Petroleum AG (Switzerland) 0.1% CMP Administration Services S.A.P.I. de C.V. 99.9% (Mexico) 50% 50% 50% Pacific E&P Trading Corp. (Panama) 40.86% Semasio Inc. (Panama) 100% Oil Aviation Services Corp. (Panama) Centro Multinacional Pacific S.R.L. (Panama Branch) 100% Pacific Coal S.A. (Panama) 99.9% PRE – PSIE Coöperatief U.A. (Netherlands) 0.01% Pacific Off Shore Peru S.R.L. (Peru) 0.1% CMP Technical Services 99.9% S.A.P.I. de C.V. (Mexico) 100% 100% Grupo C&C Energia (Barbados) Ltd. (Barbados) 100% Pacific Guatemala Energy Corp. (Panama) 99.99% 5% Puerto de Gas 5% 5% Licuado del Caribe S.A. 80% 5% (COL) Oleoducto Bicentario 22.96% de Colombia S.A.S. 9.42% (COL) 9.15% 0.5% 0.5% 100% C&C Energia Holding SRL (Barbados) * LNG Port Holdings PRE LC Pipeline Corp. Ltd. (COL Branch) (Bermuda) LNG Port 1 Ltd. LNG Port 2 Ltd. (Bermuda) (Bermuda) 100% Petrominerales Marketing (Bahamas) Ltd. (Bahamas) 0.5% 45.61%. 100% 100% 100% Energy Business Operations & Support S.A.S. (COL) Petrominerales Orito Limited Sucursal Colombia (COL Branch) 50% * 50% * Petrominerales S.A. (Ecuador) Pacific Infrastructure Ventures Inc. (BVI) PRE Regas Ltd. (Bermuda) 100% 100% Petrominerales Peru Ltd. (Bahamas) Pacinfra Holding Ltd. (BVI) 100% 100% Gasoducto de Exportacion del Caribe S.A.S. (COL) 100% Energy Llanos PEL S.A.S. (COL) Petroelectrica de los Llanos Ltd. Sucursal Colombia (COL Branch) 100% PRE LNG Port Corp. (BVI) 100% PRE Corporate Services Corp. (Panama) 100% Pacific E&P International Holdings, S.a.r.l. (Luxembourg) 100% Pacific Stratus International Energy Ltd. (British Columbia) 100% Pacific Procurement Services (PPS) S.A. (Panama) 100% Oleoducto de los Llanos Orientales S.A. (COL Branch) 100% Pan Andean Resources Limited (UK) 100% 100% 41.79% 63.64% 100% Petroelectrica de los Llanos Ltd. (Bermuda) 100% Pacific (BVI) Holdings Corp. (BVI) Meta Petroleum Corp. (COL Branch) LEGEND: Applicants = C&C Energia Sucursal Colombia (COL Branch) 50% Promotora Agricola de los Llanos Sucursal Colombia (COL Branch) Aruba Bahamas Barbados Zona Franca Permanente Especial Tillava Usuario Industrial de Bienes y Servicios SAS (Colombia) Bermuda Brazil Branches to be subject to Columbian Proceedings = BVI Canada (AB, BC, ON) Colombia Colombian Branch Ecuador Guatemala Luxembourg Mexico Netherlands Panama Papua New Guinea Peru Spain Switzerland UK USA (Texas) Venezuela * in liquidation process * to be liquidated