TIDMPELE 
 
RNS Number : 1969B 
Petrolatina Energy PLC 
22 October 2009 
 

22 October 2009 
 
 
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 yesterday notified that on 21 October 2009, Ciro 
Mendez, an executive director of the Company, purchased 4,600 ordinary shares of 
US$0.10 each in the Company ("Ordinary Shares") at a price of 65 pence per 
Ordinary Share. 
 
 
Following the purchase, Mr Mendez holds 39,600 Ordinary Shares, representing 
approximately 0.08 per cent. of the Company's issued ordinary share capital. In 
addition, Mr Mendez holds options over 250,000 Ordinary Shares, which vest over 
a three year period from 16 October 2009, and are immediately exercisable, in 
whole or in part, up to the fifth anniversary of the date of grant, at an 
exercise price of 44.5 pence per Ordinary Share. 
 
 
Tribeca Oil and Gas, Inc., a portfolio investment company of Tribecapital 
Partners S.A., a Colombian private equity firm, of which Mr Mendez is an 
investment manager, and its related companies now hold, in aggregate, 17,022,704 
Ordinary Shares, representing approximately 37.37 per cent. of the Company's 
enlarged issued share capital and hold warrants over a further 1,875,260 
Ordinary Shares which are automatically exercisable if, and to the extent that, 
any exercise of the Company's other existing outstanding 3,482,625 warrants 
occurs. In addition, Tribeca Oil and Gas Financing Inc. currently holds an 
aggregate principal amount of US$11.165 million of convertible 12 per cent. loan 
notes due 2011. 
 
 
 
 
Enquiries: 
 
 
+------------------------------------------------------+------------------------+ 
| PetroLatina Energy Plc                                                        | 
+-------------------------------------------------------------------------------+ 
| Juan Carlos Rodriguez, Chief Executive Officer       | Tel: +57 1627 8435 /   | 
|                                                      | + 44 7525 009616       | 
+------------------------------------------------------+------------------------+ 
| Pawan Sharma, Executive Vice President - Corporate   | Tel: +44 (0)207 766    | 
| Affairs                                              | 0081                   | 
+------------------------------------------------------+------------------------+ 
| Strand Hanson 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 
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) 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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