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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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04.11.11  ANH Approval of the Farm-out Agreement in respect of the Company’s VMM-28 Exploration Block
PetroLatina Energy Plc (“PetroLatina” or the “Company”) ANH Approval of the Farm-out Agreement in respect of the Company’s VMM-28 Exploration Block PetroLatina (AIM: PELE), the independent oil and gas exploration,...
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22.09.11  Interim Results for the six months ended 30 June 2011
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Interim Results for the six months ended 30 June 2011 PetroLatina (AIM: PELE), the independent oil and gas exploration, development and production company focused on...
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15.07.11  Farm-out Agreement in respect of the Company’s VMM-28 Exploration Block
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Farm-out Agreement in respect of the Company’s VMM-28 Exploration Block Highlights: , • Farm-out agreement entered into with Shell Exploration and Production...
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30.06.11  Result of 2011 Annual General Meeting
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Result of 2011 Annual General Meeting PetroLatina (AIM: PELE), the independent oil and gas exploration, development and production company focused on Latin America,...
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21.06.11  Issue of Equity and Conversion of Tranche 2 of Tribeca’s Convertible Loan Note
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Issue of Equity and Conversion of Tranche 2 of Tribeca’s Convertible Loan Note PetroLatina (AIM: PELE), the independent oil and gas exploration, development and...
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08.06.11  Final Results for the year ended 31 December 2010 and Notice of Annual General Meeting
PetroLatina Energy Plc (“PetroLatina”, “PELE” or the “Company”) Final Results for the year ended 31 December 2010 PetroLatina (AIM: PELE), the independent oil and gas exploration, development and production company...
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19.05.11  Appointment of Chief Operating Officer
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Appointment of Chief Operating Officer Over 20 years industry experience including 14 at BP and experience in Colombia PetroLatina (AIM: PELE), the independent oil...
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28.04.11  Resource Update
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Resource Update Proved, Probable and Possible Reserves Independently Valued at $280 million PetroLatina (AIM: PELE), the independent oil and gas exploration,...
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14.04.11  First Quarter Production Update
PetroLatina Energy Plc (“PetroLatina” or the “Company”)   First Quarter Production Update   PetroLatina (AIM: PELE), the independent oil and gas exploration, development and production company focused on Latin America,...
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23.03.11  Update re Serafin-1 gas well (50% Working Interest & Operator)
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Update re Serafin-1 gas well (50% Working Interest & Operator) Initial Flow Rates, Commencement of an Extended Test and Sale of Gas PetroLatina (AIM: PELE), the...
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