RNS Number:3799L
Petrolatina Energy PLC
02 November 2006





                             PetroLatina Energy Plc
                        ("PetroLatina" or the "Company")


                            RESULTS OF 1XD WELL TEST



Petrolatina Energy Plc ("PetroLatina" or the "Company") an independent oil and
gas exploration, development and production company, focused on Latin America
and with operations in Colombia and Guatemala, announces the following update on
its Guatemalan operations.


Well 1XD encountered four potentially hydrocarbon bearing zones, the deepest of
which was perforated and tested in October 2006. As previously stated,
operations in Guatemala have proven extremely difficult and the 1XD test results
reflect this with the well not producing at commercial levels as a result of an
apparent lack of energy in the reservoir.


Given this result, the Company is suspending the well, whilst it carries out
further detailed geological studies on the Las Casas structure within the 6-93
licence.


The Company owned service rig will now move to the A7-2005 licence to carry out
a work over of Atzam 2, which was originally drilled in 1993. This work over is
expected to be completed in November 2006.




                                                              2nd  November 2006


For further information, please contact:


PetroLatina Energy           Nicholas Gay,     Nicholasgay@petrolatinaenergy.com   +44(0)2072974360
                             Chief Executive
www.petrolatinaenergy.com    Officer

Pelham Public Relations      James Henderson   James.henderson@pelhampr.com        +44(0)2077436673
                             Charles Vivian    Charles.vivian@pelhampr.com         +44(0)2077436672






                      This information is provided by RNS
            The company news service from the London Stock Exchange
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