PetroLatina Energy Plc
(“PetroLatina” or the “Company”)
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.
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
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).
Petrolatina is pleased to announce that the option announced on 21 May 2007 has
been exercised and that accordingly it has today completed the sale of its
Guatemala assets. The consideration is $4 million in cash.
04.07.07 Notice of AGM
PetroLatina wishes to announce that the AGM of the Company will take place at 10
am on 17 July 2007 at Room Green 1, The Guoman Cumberland Hotel, Great
Cumberland Place, London, W1A 4RF,
29.06.07 Annual Report and Accounts
The Company wishes to announce that the Company's Annual Report and Accounts for
the year ended 31 December 2006 have been sent to the shareholders of the
21.06.07 Board Change
PetroLatina Energy Plc (AIM: PELE), an independent oil and gas exploration, development and production company focused on Latin America, announces that Richard Lavers has stepped down as a Non Executive Director of the Company...
13.06.07 Issue of Equity
The Company announces that under the terms of an employment contract 1,500,000 new ordinary shares of the Company are to be issued and allotted to Rudolph Berends, Chief Executive Officer of PetroLatina.
Application has been...
12.06.07 Final results for the year ended 31 December 2006
Chief Executive’s Statement
The past year has seen some large steps forward in the development of PetroLatina but we have also experienced disappointments.
In April 2006 the Group acquired interests in...
07.06.07 Holding(s) in Company
The Company was informed on 7 June 2007 that Macquarie Bank Limited is interested in 3,474,086 ordinary shares in the capital of the Company, representing 3.02 per cent of the entire issued voting share capital of the Company. ...
30.05.07 Additional Listing
The Company has issued 830,000 new ordinary shares of $0.10 to Macquarie Bank Limited (“Macquarie”) as partial consideration for the agreement with Macquarie to make available an extension of $1.7 million to the Company’s...
21.05.07 Operations 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 provide the following May 2007 operations update....
03.05.07 Board Change
John (Jay) Scott has resigned as a Director of the Company effective 2nd May 2007. Jay has also stepped down from his position as Chief Operating Officer....
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