Petrominerales Ltd.
TSX : PMG
BVC : PMGC

Petrominerales Ltd.

September 15, 2011 19:31 ET

Petrominerales Confirms Third Quarter Dividend

BOGOTÁ, COLOMBIA--(Marketwire - Sept. 15, 2011) - Petrominerales Ltd. ("Petrominerales") (TSX:PMG)(BVC:PMGC) is pleased to announce that our cash dividend for the third quarter of 2011 will be paid on October 17, 2011 to Petrominerales shareholders of record on September 30, 2011. The third quarter 2011 dividend payment will be CDN$0.125 per Petrominerales share. The ex-dividend date is September 28, 2011.

Shareholders of record entitled to receive a dividend payment for Petrominerales shares acquired through the Bolsa de Valores de Colombia ("BVC") will receive the Colombian peso equivalent of their dividend entitlement, calculated based on the US dollar to Colombian peso exchange rate on the day of the conversion, which will be published on the Sistema Integral de Información del Mercado de Valores (SIMEV) website when available. Shareholders who acquired their shares through the BVC may experience a slight delay in the receipt of their dividend entitlement as a result of local currency exchange procedures.

For more information regarding Petrominerales' dividend, please refer to our website at http://www.petrominerales.com/investors/dividends.

Petrominerales Ltd. is an international oil and gas company operating in Latin America since 2002. Today, Petrominerales is the most active exploration company and the fourth largest oil producer in Colombia. Our high quality land base and multi-year inventory of exploration opportunities provides long-term growth potential for years to come.

Contact Information

  • Petrominerales Ltd.
    Corey C. Ruttan
    President and Chief Executive Officer
    403.750.4400 or 011.571.629.2701

    Petrominerales Ltd.
    Jack F. Scott
    Chief Operating Officer
    403.750.4400 or 011.571.629.2701

    Petrominerales Ltd.
    Kelly D. Sledz
    Chief Financial Officer
    403.750.4400 or 011.571.629.2701