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.
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
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).
13.01.06 Placement of Shares
Taghmen Energy Plc (â€śTaghmenâ€ť or the â€śCompanyâ€ť) an independent oil and gas exploration, development and production company, focused on Latin America, has raised US$1million through a placement of 1,106,194 new ordinary...
10.01.06 Termination of Farm In
Taghmen regrets to announce that despite having agreed in principle terms for the extension of the completion date for the farm-in to a 50% interest in new licences in Beliz (Block 19) and Guatemala (licence 7-98), announced on...
05.01.06 AGM Results
Taghmen Energy Plc, 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 all of the resolutions proposed at the...
01.12.05 Las Casasâ€“Well 3X produces high quality oil
Taghmen Energy Plc (â€śTaghmenâ€ť or the â€śCompanyâ€ť) an independent oil and gas exploration, development and production company, focused on Latin America, which listed on AIM in January 2005 announces the result of the initial...
14.11.05 New Licences: Additional Data
The following document relates to the recent acquisition of new licences in Belize and Guatemala. Please download the PDF document for further information....
14.11.05 Acquisition of New Licences in Belize and Guatemala
Summary of Licences
The deal announced today covers two licences, the first in Belize (Block 19) and the second in Guatemala (licence 7-98). Under the agreed arrangements, Taghmen will operate the licences and will acquire a...
09.11.05 Placement of Shares
Taghmen Energy Plc (â€śTaghmenâ€ť or the â€śCompanyâ€ť) an independent oil and gas exploration, development and production company, focussed on Latin America, has raised US$2million through a placement of 2,167,082 new ordinary...
09.11.05 Notice of Shareholding & Exercise of Warrants
Taghmen Energy Plc (â€śTaghmenâ€ť or the â€śCompanyâ€ť) an independent oil and gas exploration, development and production company, focused on Latin America, received notification 7 November 2005 from Fidelity Management &...
26.09.05 Las Casasâ€“Well 3X Initial Exploration Result
The 3X well is the first new exploration well drilled on the Las Casas structure within Licence 6-93 in Guatemala, since Taghmen acquired the licence.
Following initial gas shows at 7,800 feet and oil staining...
19.09.05 New Licence Awarded
Licence A7-2005 (Tortugas/Atzam) is a 25 year contract consisting of a 6 year exploration licence convertible to an exploitation licence at Taghmenâ€™s option, with an aerial extent of approximately 77,718 acres, located in the...
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