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24.02.09

Director’s Dealing


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

Director’s Dealing

PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Latin America, was today notified that on Wednesday 18 February 2009, Menno Wiebe, a non-executive director of the Company, purchased 200,000 ordinary shares of US$0.50 each in the Company (“Ordinary Shares”) at a price of 27 pence per Ordinary Share.

Following the purchase, Mr Wiebe now holds 400,000 Ordinary Shares, representing approximately 0.91 per cent. of the Company’s issued ordinary share capital.

Enquiries:

PetroLatina Energy Plc
Juan Carlos Rodriguez, Chief Executive Officer Tel: +57 1627 8435 / + 44 7525 009616
Pawan Sharma, Executive Vice President - Corporate Affairs Tel: +44 (0)207 956 2821

Strand Partners Limited
Simon Raggett / Matthew Chandler Tel: +44 (0)20 7409 3494

Financial Dynamics
Ben Brewerton / Susan Quigley Tel: +44 (0)20 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 40% 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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21.01.09  Operations Update re Colon-1 Exploration Well
21 January 2009 PetroLatina Energy Plc (“PetroLatina” or the “Company”) Operations Update re Colon-1 Exploration Well and Subscription for a US$4.875 million tranche of up to a proposed US$9.875 million Convertible...
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07.01.09  Award of Exploration Block, Proposed Farm-Out Agreement
7 January 2009 PetroLatina Energy Plc (“PetroLatina” or “the Company”) Award of Exploration Block, Proposed Farm-Out Agreement and Operations Update re Colon-1 Exploration Well PetroLatina (AIM: PELE), an...
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01.12.08  Operations Update
PetroLatina (AIM: PELE), an independent oil and gas exploration, development and production company focused on Latin America, announces a further operational update to that released on 7 November 2008. La Paloma The Company...
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07.11.08  Operations Update
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Operations Update New drilling campaign to commence this month Petrolatina (AIM: PELE), the oil and gas exploration and production company focused on Latin...
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04.11.08  Director's Dealing
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Director’s Dealing PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Latin America, was today notified that on Friday 31 October...
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06.10.08  Director’s Dealing
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Director’s Dealing PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Latin America, was today notified that on Friday 3 October...
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06.10.08  Director's Dealing
PetroLatina Energy Plc (“PetroLatina” or the “Company”) Director’s Dealing PetroLatina (AIM: PELE), the oil and gas exploration and production company focused on Latin America, was today notified that on Friday 3 October...
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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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