EIG'S MIDOCEAN ENERGY COMPLETES ACQUISITION OF ADDITIONAL 15% INTEREST IN PERU LNG FROM HUNT OIL COMPANY

WASHINGTON, Oct 25 (Bernama) -- MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire an additional 15% interest in Peru LNG (“PLNG”) from Hunt Oil Company (“Hunt”).

MidOcean’s interest in PLNG now stands at 35%. Hunt will remain the operator of PLNG.