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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 Companys 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 Luca fields on the Tisquirama licence respectively, and a 100% interest in the Doa Mara 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 Ro 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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07.06.06  Operation Update
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to provide the following operational update on its...
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31.05.06  Appointment of New Director
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce the appointment of Richard Lavers as a ...
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17.05.06  Operations Update, May 2006
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to provide the following operational update on its...
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18.04.06  Acquisition of Petroleos Del Norte
Taghmen Energy Plc ("Taghmen" or the "Company") an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce that it has concluded an agreement to acquire Petroleos...
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12.04.06  Contract for New Licences Signed in Colombia
Taghmen Energy Plc (“Taghmen” or the “Company”), an independent oil and gas exploration, development and production company, focused on Latin America and which listed on AIM in January 2005, is pleased to announce that...
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03.04.06  Guatemala Operations Update
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to provide the following operational update on Guatemala....
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31.03.06  Directors Shareholding
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, advises that 1,000,000 ordinary share of US$0.10 par value have been...
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20.03.06  Issue of Equity
Taghmen Energy Plc (“Taghmen” or the “Company”), an independent oil and gas exploration, development and production company focused on Latin America, today announces that 311,688 new ordinary shares of US$0.10 each have...
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20.02.06  Interest in New Licence in Colombia
Taghmen Energy Plc (“Taghmen” or the “Company”), an independent oil and gas exploration, development and production company focused on Latin America and which listed on AIM in January 2005, is pleased to announce it has...
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17.02.06  Notifiable Interest
Taghmen Energy Plc (“Taghmen” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America, has received the following notifications of interest: Liberty Square...
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