Petrolifera Petroleum Limited is a Calgary-based crude oil, natural gas and natural gas liquids exploration, development and production company active in South America. Petrolifera holds interests in approximately six million acres of petroleum and natural gas rights in eleven onshore concessions or licenses in Argentina, Colombia and Peru.

The company has an active drilling program on its 100 percent owned Sierra Nevada Concession in the Lower Magdalena Basin onshore Colombia. Prospective acreage is also held at Turpial and Magdalena, Colombia and in two large licenses under Block 106 in the Maranon Basin and under Block 107 in the Ucayali Basin, both in Peru. A third Peruvian license, Block 133, offsetting Block 107 to the west and containing approximately one million acres, was awarded to Petrolifera in April 2009.The company’s reserves and related production base is primarily located at the 100 percent owned and operated Puesto Morales/Rinconada Concession, Rio Negro Province, in the Neuquén Basin of Argentina.

Growth has been organic to date and has been achieved through a consistent application of Petrolifera’s enunciated strategies. The goal in pursuing these strategies is that of building a substantial South American crude oil and natural gas producer through effective exploration, followed by profitable exploitation of discovered reserves and resources.

Connacher Oil and Gas Limited of Calgary, Alberta was responsible for the creation and financing of Petrolifera and owns 24 percent of Petrolifera's shares. Connacher also provides some management services to Petrolifera.

Visit Connacher Oil and Gas Limited:
www.connacheroil.com