A marine tanker chartered by a crude oil buyer Greater Alegria Oil Inc. entered the port area to lift oil from CIMP’s production wells.

On 26 April 2019, a marine tanker chartered by CIMP’s crude buyer, Greater Alegria Oil Inc. (GAO), having all the pertinent permits and licenses (with a one-year term), docked at a port near production areas for loading oil from CIMP’s Alegria Oil Field in SW Cebu. GAO also indicated that another similar vessel is set to be chartered for continuous crude oil shuttling operation.

Dated: April 29, 2019