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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 Dońa 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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01.02.07  Director’s Dealings and Holding(s) in Company
Petrolatina Energy Plc (“PetroLatina” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, has received the following notifications of interest: The Company...
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22.01.07  Total Voting Rights
For the purposes of the transitional provisions of the Financial Services Authority's Disclosure and Transparency Rules, the Company's total issued share capital at the date of this notice is 110,257,122. The Company's issued...
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10.01.07  January 2007 Operations Update
Petrolatina Energy Plc ("PetroLatina" or the "Company"), an independent oil and gas exploration, development and production company, focused on Latin America and currently producing approximately 500 barrels of oil per day, is...
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05.01.07  Issue of Equity
The Company announces that under the terms of a historic employment contract 500,000 new ordinary shares are to be issued and allotted to a former employee. Application has been made for the new ordinary shares to be admitted...
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19.12.06  Total Voting Rights
For the purposes of the transitional provisions of the Financial Services Authority's Disclosure and Transparency Rules, the Company's total issued share capital at the date of this notice is 109,757,122. The Company's issued...
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11.12.06  Rio Zulia – Ayaccucho Pipeline Update
Petrolatina Energy Plc (“PetroLatina” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce that EcoPetrol SA (the Colombian State oil...
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28.11.06  Serafin Gas Development
Petrolatina Energy Plc (“PetroLatina” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce it has initiated development of the...
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02.11.06  Results of 1XD Well Test
Petrolatina Energy Plc (“PetroLatina” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America and with operations in Colombia and Guatemala, announces the...
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27.09.06  Interim Results for the Six Months Ended 30th June 2006
PetroLatina Energy Plc, an independent oil and gas exploration development and production company focused on Latin America, listed on AIM, today announces its interim results for the six months ended 30th June 2006....
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22.09.06  Completion of ÂŁ973,000 Fundraising
PetroLatina Energy Plc (“PetroLatina” or the “Company”) [AIM:PELE], an independent oil and gas exploration, development and production company focused on Latin America, is pleased to announce that it has raised £973,000...
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