EIG Announces Withdrawal of Tender Offer for $4.10 Billion of Pacific Exploration & Production Senior Notes

WASHINGTON--()--EIG Pacific Holdings, Ltd. (the “Offeror”), a Cayman Islands limited company and subsidiary of Harbour Energy Ltd. (“Harbour Energy”), announced today that it has terminated its offers to acquire the $4.10 billion aggregate principal amount of Senior Notes of Pacific Exploration and Production Corp (TSX: PRE) (“Pacific E&P”)(the “Tender Offers”).

The Tender Offers were previously scheduled to expire on March 24, 2016. The Offeror has instructed the information and tender agent for the tender offer to promptly return all tendered Notes to tendering Noteholders.

About EIG and Harbour Energy

Harbour Energy is an energy investment vehicle formed by EIG Global Energy Partners (“EIG”) and the Noble Group to pursue control and near control investments in high-quality upstream and midstream energy assets globally. Harbour Energy is externally managed by EIG. EIG specializes in private investments in energy and energy-related infrastructure on a global basis and had $14.3 billion under management as of September 30, 2015. During its 33- year history, EIG has invested $21.4 billion in the sector through more than 300 projects or companies in 35 countries on six continents. For more information, please visit www.harbourenergy.com.

Contacts

Media:
Sard Verbinnen & Co.
Dan Gagnier / Brandon Messina
212-687-8080

Contacts

Media:
Sard Verbinnen & Co.
Dan Gagnier / Brandon Messina
212-687-8080