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I.P.C.-Peru Agreement on La Brea y Pariñas Oilfields*

Published online by Cambridge University Press:  04 April 2017

Abstract

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Type
Legislation and Regulations
Copyright
Copyright © American Society of International Law 1969

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Footnotes

*

The official Spanish text appeared in El Peruano, August 15, 1968.

[The public deed incorporates the antecedents and contents of the contract into notarial document for official publication.]

References

page 1217 note ** [This Supreme Decree approves draft contract and orders recording of title changed to that of the Republic. See I.L.M. page 1215.]

page 1218 note * [See I.L.M. page 1211.]

page 1218 note ** [See I.L.M. page 1213.]

page 1218 note *** [See I.L.M. page 1215.]

page 1219 note * [See footnote on I.L.M. page 1211.]

page 1219 note ** [See I.L.M. page 1211.]

page 1220 note * *[The "Act of Talara", dated August 13, 1968, and published in El Peruano of August 14, 1968, is a notarized document containing the official minutes of the actual ceremony where the International Petroleum Company, Ltd., formally transferred ownership of i t s oil deposits known as La Brea y Parinas to the Peruvian Government. The document i s in the form of summarized minutes, commencing with description of the participating representatives, followed by the action taken by each side. The I.P.C. representatives, c i t i n g the pertinent contracts, legislation and agreements, and the registration records of the lands, presented the properties to the government agents present, and the latter then accepted the delivery on behalf of the State and took formal possession thereof. The Peruvian officials then alleged for the record that this act "had finally ended and settled all problems and claims" which might arise between the Peruvian Government and the I.P.C., with respect to the possession and exploitation of these o i l deposits which were pending prior to the present act of transfer. The representatives of the Company on their side stated for the record that the act has made "the Peruvian Government definitively the sole and legal owner of the total properties listed. " The document i s signed by both sides and attested to by the notary public who drew up the official minutes.]