Lee DiStefano is retiring as President Parex Colombia and Country Manager. Mr. DiStefano will remain in his current position until he formally retires in December 2020. In conjunction with Mr. DiStefano's retirement, the Company has also announced the promotion of Daniel Ferreiro to President Parex Colombia and Country Manager, effective December 1, 2020. Mr. Ferreiro has spent 23 years in the upstream oil and gas business in various technical and leadership positions, most recently as Senior Vice President, Colombia Operations. Mr. Ferreiro has been a key leader in Parex Colombia since its inception in 2009, and prior in Petro-Andina Argentina.