EXMAR NV (Euronext: EXM) and Pacific Rubiales Energy Corp. (“PRE”) (TSX: PRE; BVC: PREC; BOVESPA: PREB), through its fully own affiliate Pacific Midstream Holding Corp, are pleased to announce the ordering of a barge-based floating LNG regasification unit (“Unit”) under a 50/50 joint venture. The Unit will be constructed by Wison Offshore & Marine (“Wison”) at its shipyard in Nantong, China. Delivery of the Unit is anticipated in the fourth quarter of 2015. Negotiations for a long term charter are ongoing and an award is expected by mid-2014.

Nicolas Saverys, CEO of EXMAR stated: “We are honoured to place this order together with our partner PRE, with whom we have already developed the Floating LNG Liquefaction and Storage Unit “Caribbean FLNG” that is currently under construction. We strongly believe this innovative and flexible barge-based regasification concept will further increase the competitiveness of LNG compared to other energy types. By adding a floating storage unit we can customize the storage size and overall availability to specific project requirements."

Ronald Pantin, CEO of PRE commented: “With this order for a next generation floating regasification
solution, PRE and EXMAR are well positioned to serve the LNG global markets”.

About EXMAR NV

EXMAR (Euronext: EXM), with its headquarters in Antwerp is a leading independent LNG and LPG Carrier Owner and Operator. In addition, it is a provider of industrial marine and energy logistical solutions for transport, regasification and liquefaction within the oil and gas industry.

Having over three decades of trading experience, EXMAR maintains a high leadership profile with the industry's largest players through continuous innovation. EXMAR continues to transition from pure shipping to a provider of a full value chain of infrastructure and integrated logistics to address the industry's need for environmentally friendly and competitively priced energy solutions.

EXMAR strives to create shareholder value over the long term by balancing long and short-term agreements to counteract volatility in the freight market, combined with providing services that are tailored to the needs of the customer. EXMAR endeavours to support sustainable growth by attaching the greatest importance to the quality of its fleet, the safety of personnel and equipment and the protection of the environment.

About Pacific Rubiales

Pacific Rubiales is a public company listed on the Toronto and Colombian stock exchanges. The Company is the largest independent oil and gas exploration and production company in Colombia. Pacific Rubiales owns 100% of Pacific Stratus and Meta Petroleum Limited, two Colombian oil & gas operators which operate and own interests in, amongst others, the Rubiales and Piriri oil fields in Colombia’s Llanos Basin and the La Creciente natural gas field in northern Colombia.

The Company is focused on identifying growth opportunities in almost all the hydrocarbon basins in Colombia, as well as in eastern Peru, and Guatemala. The Company has a strong and growing reserve base, and is maximizing future production prospects through its exploration activities.