COLOMBIA In onshore production (crude oil) operated by Cepsa: Caracara (70%), Tiple (70%), Garibay (50%), Puntero (100%), Llanos 22 (55%), Jilguero

(57.8%) located in the Los Llanos basin.

In onshore exploration (crude oil) operated by Cepsa: Merecure (70%), CPO 14 (100%), located in the Los Llanos basin.

In onshore production (crude oil) not operated by Cepsa: La Cañada Norte (17%), located in the upper Magadalena valley.

PErU Block 131: Located in the Ucayali basin. 100% operated by Cepsa. Onshore.

TEA Area XLIV: Located in the Ucayali basin. 100% operated by Cepsa. Onshore.

BrAZIL Offshore exploration blocks 717 and 665 located in the Ceará basin. Not operated by

Cepsa (50%).

16

ExPLOrATION & PrODUCTION

We operate a diversified business with both onshore and offshore assets.

Chapter 2 Who we are