* [Reproduced from an English translation provided by Marathon International Oil Company. The agreement was r a t i f i e d by Argentine Decree 2.441 of March 30, 1965, Boletin Oficial of April 12, 1965. Decree 744/63, annulling oil production contracts, and the Argentine Government’s complaint in the Argentine federal courts appear at 3 International Legal Materials 1 and 112 (1964) respectively.

[Other documents previously published in 3 International Legal Materials (1964) relating to the Argentine Government’s annulment of oil contracts but not directly to Continental Oil Company of Argentina or Marathon Petroleum Argentina Limited are: reply of Argentina Cities Service Development Co. in the Argentine federal courts, p. 292; contract between the Argentine petroleum agency, Yacimientos Petroliferos Fiscales (Y.P.F.), and Pan American International Oil Company signed July 21, 1958, p. 359; and contract between Y.P.F. and Carl M. Loeb, Rhoades & Co., to which Argentina Cities Service Development Co. succeeded, signed July 20, 1958, modi f i ed August 13, 1958, p. 3 63. The contracts between Y.P.F. and Continental and Marathon, Documents Nos. 8723 and 8724 signed June 22, 1961, have not been published in International Legal Materials.

[Paragraph 5 of the settlement agreement reproduced here recites that Continental and Marathon d r i l l e d “three wells without positive results.” Some of the other foreign-owned oil companies that as of May 1, 1965, had not completed settlement agreements were successful in producing oil in the areas assigned to them.]