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28.08.09

Holding in Company


PetroLatina Energy Plc
(“PetroLatina” or the “Company”)

Holding in Company

PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Latin America, received notification today from Crosby Buyout VII Limited that as at 24 August 2009, Crosby Buyout VII Limited no longer had a notifiable interest in the Company’s issued ordinary share capital.

Enquiries:

PetroLatina Energy Plc
Pawan Sharma, Executive Vice President - Corporate Affairs Tel: 020 7766 0085

Strand Partners Limited
Simon Raggett / Matthew Chandler Tel: 020 7409 3494

Financial Dynamics
Ben Brewerton / Susan Quigley Tel: 020 7831 3113


Additional Information on PetroLatina Energy Plc:
PetroLatina Energy Plc (AIM: PELE), formerly known as Taghmen Energy Plc, was founded in 2004. The Company is presently focused on Colombia after the sale of its assets in Guatemala in which it retains a 20% interest in the first three wells and a 20% working interest in future wells. In Colombia, the Company currently holds 45% and 20% interests in the Los Angeles and Santa Lucía fields on the Tisquirama licence respectively, and a 100% interest in the Doña María field. In November 2007 the Company secured the extension of the Tisquirama licence for the economic life of the fields. In April 2006 the Group acquired an interest in two exploration blocks with an 85% interest in Midas and an 80% interest in La Paloma. PetroLatina also owns the Río Zulia-Ayacucho pipeline in the prolific Catatumbo basin which transports crude oil. Present exploration/exploitation activities in this area should increase the volume of crude oil transported resulting in an increased cash flow. Further information is available on the Company's website (www.petrolatinaenergy.com).

News Archive:

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30.09.08  Holding in Company
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Holding in Company PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Latin America, received notification on 30 September 2008...
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30.09.08  Interim Results for the six months ended 30 June 2008
30 September 2008 PetroLatina Energy Plc (“PetroLatina” or “the Company”) Interim Results for the six months ended 30 June 2008 On track to commence drilling campaign in early November PetroLatina, the oil and gas...
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30.09.08  Change of Registered Office
30 September 2008 PetroLatina Energy Plc (“PetroLatina” or “the Company”) Change of Registered Office PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Latin America, announces that...
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05.08.08  2008 Annual General Meeting Results
2008 Annual General Meeting Results PetroLatina, the oil and gas exploration and production company focused on Colombia, with additional interests in Guatemala, announces that Resolutions 1 to 3 and 5 to 9 were duly passed at...
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05.08.08  Directorate and Management Changes
Directorate and Management Changes PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Colombia, with additional interests in Guatemala, announces the following Directorate and Management...
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30.07.08  Director’s Dealing
Director's Dealing PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Colombia, with additional interests in Guatemala, was today notified that Luc Gerard, a director of the Company, today...
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24.07.08  Holding(s) in Company
Holding in Company PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Colombia, with additional interests in Guatemala, received notification on 23 July 2008 from Macquarie Group Limited...
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23.07.08  Director’s Dealing
Director’s Dealing PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Colombia, with additional interests in Guatemala, was today notified that yesterday Luc Gerard, a director of the...
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14.07.08  Annual Report and Accounts & Notice of AGM
Final Results for the year ended 31 December 2007 PetroLatina, the oil and gas exploration and production company focused on Colombia, with additional interests in Guatemala, announces its audited final results for the year...
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14.07.08  Update on Financing
Update on Financing - Completion of Final US$15 million Tranche of a total US$25 million Investment PetroLatina, the oil and gas exploration and production company focused on Colombia, with additional interests in Guatemala,...
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