Resolved Suspensions and Debarments, Extended Consent Payment Deadlines, and Filing of Annual Report - Analyst Notes on BP,

 Resolved Suspensions and Debarments, Extended Consent Payment Deadlines, and
Filing of Annual Report - Analyst Notes on BP, Encana, Statoil, Ecopetrol, and
                               Sunoco Logistics

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, March 19, 2014

NEW YORK, March 19, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding BP plc (NYSE:
BP), Encana Corporation (NYSE: EC), Statoil ASA (NYSE: STO), Ecopetrol SA
(NYSE: EC), and Sunoco Logistics Partners L.P. (NYSE: SXL). Private wealth
members receive these notes ahead of publication. To reserve complementary
membership, limited openings are available at:


On March 13, 2014, BP plc (BP) reported that the Company has entered into an
administrative agreement with the United States Environmental Protection
Agency (EPA), on behalf of the federal government, resolving all matters
regarding the suspension, debarment and statutory disqualification of BP after
the Deepwater Horizon accident and oil spill. Due to the said agreement, BP
can once again enter into new contracts with the US government, along with new
deepwater leases in the Gulf of Mexico. John Mingé, Chairman and President of
BP America, Inc., commented, "After a lengthy negotiation, BP is pleased to
have reached this resolution, which we believe to be fair and reasonable.
Today's agreement will allow America's largest energy investor to compete
again for federal contracts and leases." The full analyst notes on BP plc are
available to download free of charge at:


On March 13, 2014, Encana Corporation (Encana) reported that its wholly-owned
subsidiary, Encana Acquisition ULC (the Purchaser) received the necessary
consents to authorize the proposed amendments to the indenture wherein the
5.80% Notes due May 1, 2014 (CUSIP / ISIN Numbers 292506AA0 / US292506AA00)
(the Notes) issued by Encana Holdings Finance Corp. were issued. The Purchaser
also extended the consent payment deadline to 10:00 a.m., New York City time,
on March 28, 2014. The complete terms and conditions of the tender offer and
consent solicitation are stated in the Offer to Purchase and Solicitation of
Consents (the Tender Offer and Consent Solicitation Statement), dated February
28, 2014, and the related Letter of Transmittal and Consent which was sent to
holders of the Notes. In accordance with the terms of the tender offer and
consent solicitation, holders who have previously tendered their Notes can no
longer validly withdraw those Notes from the tender offer. The full analyst
notes on Encana Corporation are available to download free of charge at:


On March 17, 2014, Statoil ASA (Statoil) reported that on behalf of the
Company, DNB purchased 564,243 shares for use in the group's Share saving plan
on March 14, 2014. The shares were acquired at a price of (Norwegian Krone)
NOK 164.82 per share. According to the Company, the Share saving plan has
8,130,876 shares before the same was distributed to the employees. The full
analyst notes on Statoil ASA are available to download free of charge at:


On March 12, 2014, Ecopetrol SA (Ecopetrol) referred to the 6-K that the
Company filed on September 11, 2013 (the Prior 6-K), and stated that KPMG
Ltda., its independent registered public accounting firm for fiscal years 2011
and 2012, had notified the Company that they were initiating a consultation
with the U.S. Securities and Exchange Commission (SEC) regarding the treatment
under the SEC´s auditor independence rules of investments in Ecopetrol by the
independent pension fund administrator which manages private pension funds
where the partners of KPMG Ltda. and affiliates in Colombia (KPMG Colombia)
had their pension fund savings. According to the Company, KPMG Ltda. advised
the Company that it concluded that its independence was not compromised by the
investments in the Company detailed in the Prior 6-K. The full analyst notes
on Ecopetrol SA are available to download free of charge at:


On February 27, 2014, Sunoco Logistics Partners L.P. (Sunoco Logistics)
reported that the Partnership filed its Annual Report on Form 10-K with the
Securities and Exchange Commission on February 27, 2014. The Company further
informed that interested parties can access a copy of the Annual Report
through the Partnership's website under the "Financial Information" heading in
the "Investors" section. The full analyst notes on Sunoco Logistics Partners
L.P. are available to download free of charge at:

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