Petrominerales Ltd.

Petrominerales Ltd.

September 14, 2011 08:54 ET

Petrominerales Resumes Production Operations

BOGOTÁ, COLOMBIA--(Marketwire - Sept. 14, 2011) - Petrominerales Ltd. ("Petrominerales" or the "Company") (TSX:PMG)(BVC:PMGC) advises that we have resumed production operations on our Corcel and Guatiquia Blocks. We expect to be producing at full capacity within 48 to 72 hours.

Petrominerales would like to thank the Colombian Government for restoring public order to the area and their leadership in organizing community meetings that were held on September 13th. Petrominerales would also like to thank members of the Cabuyaro, Villanueva and Barranca de Upía communities, their mayors and local government for their participation in the meetings where a timetable for continued diplomatic discussions aimed at developing sustainable solutions for the area was agreed to.

Petrominerales has a strong corporate responsibility and through our operations we have generated employment and economic development in the communities where we operate while respecting labor and environmental standards in Colombia. Petrominerales is committed to continue contributing to the social, economic, public and private development in the region.

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 (FAX)