PELE Petrolatina

 

TIDMPELE 
 
RNS Number : 2443Y 
Petrolatina Energy PLC 
28 August 2009 
 

28 August 2009 
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 today from Crosby Buyout VII 
Limited that as at 24 August 2009, Crosby Buyout VII Limited no longer had a 
notifiable interest in the Company's issued ordinary share capital. 
 
 
Enquiries: 
 
 
+--------------------------------------+---------------------+------------------+ 
| PetroLatina Energy Plc               |                     |                  | 
+--------------------------------------+---------------------+------------------+ 
| Pawan Sharma, Executive Vice President - Corporate Affairs |    Tel: 020 7766 | 
|                                                            |             0085 | 
+------------------------------------------------------------+------------------+ 
|                                      |                     |                  | 
+--------------------------------------+---------------------+------------------+ 
| Strand Partners Limited              |                     |                  | 
+--------------------------------------+---------------------+------------------+ 
| Simon Raggett / Matthew Chandler     |                     |    Tel: 020 7409 | 
|                                      |                     |             3494 | 
+--------------------------------------+---------------------+------------------+ 
|                                      |                     |                  | 
+--------------------------------------+---------------------+------------------+ 
| Financial Dynamics                   |                     |                  | 
+--------------------------------------+---------------------+------------------+ 
| Ben Brewerton / Susan Quigley        |                     |    Tel: 020 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 45% 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). 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLEASPPASENEFE 
 

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