RNS Number : 6856A
  Petrolatina Energy PLC
  05 August 2008
   

    05 August 2008
    PetroLatina Energy Plc 
    ("PetroLatina" or the "Company")

    2008 Annual General Meeting Results

    PetroLatina, the oil and gas exploration and production company focused on Colombia, with additional interests in Guatemala, announces
that Resolutions 1 to 3 and 5 to 9 were duly passed at its Annual General Meeting held earlier today. Resolution 4, relating to the
reappointment of Mark Patterson as a Non-executive Director was withdrawn following Mark's resignation.

    A copy of the presentation presented to shareholders attending the AGM can be viewed on PetroLatina's website at
www.petrolatinaenergy.com.

    Enquiries:

 PetroLatina Energy Plc
 Juan Carlos Rodriguez, Chief Executive Officer       Tel: +57 1627 8435
 Pawan Sharma, Executive Vice President - Corporate   Tel: +44 (0)207 808 4851
 Affairs

 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 holds 40% and 20% interests in the Los Angeles and Santa Luc fields on the Tisquirama licence,
respectively, and a 100% interest in the DoMar field which together provided a daily production of approximately 350 barrels per day in the
year to 31 December 2007. 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 R Zulia-Ayacucho pipeline in the prolific Catatumbo basin which transports crude oil. Present
exploration/exploitation activities in this area should increase the volume of the crude oil resulting in an increased cash flow. Further information is available on the Company's website (www.petrolatinaenergy.com).



This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
AGMUVVURWURWRAR
Petrolatina Energy (LSE:PELE)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Petrolatina Energy Charts.
Petrolatina Energy (LSE:PELE)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Petrolatina Energy Charts.