RNS Number : 1737F
  Petrolatina Energy PLC
  06 October 2008
   

    6 October 2008 

    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 2008, Luc Gerard, a director of the Company, purchased 100,000 ordinary shares of US$0.50 each in the Company ("Ordinary Shares")
at a price of 18.85 pence per Ordinary Share. 


    Following the purchase, Mr Gerard now holds 154,200 Ordinary Shares, representing approximately 0.35 per cent. of the Company's issued
ordinary share capital. Tribeca Oil and Gas, Inc., a portfolio investment company of Tribecapital Partners S.A., a Colombian Private Equity
Firm, of which Mr Gerard is President holds 15,360,999 Ordinary Shares representing 35 per cent. of the Company's issued ordinary share
capital.

    Enquiries:

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


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