Appointed by Citla Energy on behalf of the IFC, Acorn International, LLC, an independent environmental and social (E&S;) consultancy, was contracted to review E&S; information gathered through communications with Citla Energy, its operating partners, and associated contractors regarding Citla Energy´s joint venture projects and Citla Energy itself.
Acorn International, LLC prepares Independent Monitoring Reports every year or after exploration activities are conducted. These reports include thorough reviews of Citla Energy's activities. As a result of these reviews, Acorn International, LLC has found that Citla Energy projects are in compliance with (1) the IFC Performance Standards, (2) Applicable Environmental and Social (E&S) Law, (3) the Environmental and Social Action Plan (ESAP), (4) the Corrective Action Plan (CAP), and (5) the Environmental and Social Management System.