Share and Warrant Information

Petrolifera’s common shares trade on the TSX (Toronto Stock Exchange) under the symbol PDP.
Warrants also trade on the TSX, but under the symbol PDP.WT. *

Share and Warrant Information as at April 14, 2010

Common Shares outstanding - basic

145.5 mm

Common Shares outstanding - assuming all securities converted or options exercised

188.6 mm

Weighted average exercise price for options

$1.45

Warrants outstanding

33.2 mm

Warrants exercise price *

$1.20

* Each Common Share purchase warrant, entitles the holder thereof to purchase one Common Share (each a “Warrant Share”) at an exercise price of $1.20 per Warrant Share at any time up to 5:00 pm MT on August 28, 2011. In the event that the 20-day volume weighted average price of the Common Shares on the Toronto Stock Exchange exceeds $2.50, the company may, within five business days after such an event, provide notice to the holders of the Warrants (“Warrantholders”) of early expiry and thereafter the Warrants can either be exercised or they will expire on the date which is 30 days after the date of the notice to the Warrantholders.

Common Shares CUSIP and ISIN

CUSIP number: 716709100
ISIN number: CA7167091007

Warrants CUSIP and ISIN

CUSIP number: 716709134
ISIN number: 7167091346