Web Site : http://www.petrolatinaenergy.com


SUMMARY of PELE as of 24th Jan 2008, please see post 190 on page 10


Link to Page 10 of posts

PapalPower - 21 Feb'07 - 00:08 - 1382 of 1383

There are still a number of warrants outstanding, and warrants are common enough on oil and gas stocks. The excercise of warrants entitles those who are holding the warrants to buy the amount of shares from the company for the price on the warrant they hold. Puts cash on the bottom line for a few more shares. Warrants are normally set up at the time of IPO, as incentives to the big initial holders who front the money for listing.

In this case its the last line (I think so) of the 10 cents shares (eg they pay the company 10 cents for each of the shares they buy with the warrants).

They next tranche of warrants due for expiry or conversion are end March 07, these are about 30m of them, and at around 50p conversion price, which could therefore put 15m sterling into the bank of PELE if they are converted.

Hopefully Serafin news (and Atzam too) might be enough to persuade the warrant holders to convert, cause if they do then the 15m into the bank of PELE would go down very nicely.

If Greg has converted and sold 900K to RAB to pay for it, good for him, as I would like it also to be Greg (under Taghmen ventures) who is going to convert those 50p warrants some time soon !!!



PapalPower - 21 Feb'07 - 01:14 - 1383 of 1383


For those not following the story, the original 35p warrants due for expiry in July 06 were extended to expire March 07 with a new price of around 50p, I do not have the figures on me, but as far as I can remember there are around 30 million of them (hence worth 15m sterling into PELE's bank if converted).

The 10 cents (just over 5p) warrants were always going to be converted, who is not going to convert them. With Greg Smith (the Chairman) under his Taghmen Ventures vehcile holding over 15% of PELE stock, he does have a vested interest in this all going well.

If anyone is in contact with Ian Refault, or going to the Oil Barrel conference, please ask Ian (or whoever is there from PELE) about the March 07 warrants, and if you can get the details of expiry/price and amount.

Post from AFN :


Stuart14 - 21 Feb'07 - 12:38 - 1384 of 1386

Spoke to Nicholas Gay last night. His sales were really for tax purposes. He doesn't like selling shares normally but needs to pay the Tax!!

Greg's warrant conversion is exactly that. The Company have a bit more money in the bank, and he is due the options so fair play to him.

Nicholas didn't know anything about a large buyer out there, other than RAB who we know disclosed the other day!

Thats a rather large buy of 805K shares at 27.5p..............confident though.... :)

i still think that NG's sale was a little careless in regards to timing - if they need the sp to get up to 50p level before Mar-07 for those warrants to be exercised...

wasn't he the guy that left the company ?

is he perhaps not having a dig at the company ?

Yes it was him who left, and as per Stuart's conversation he is genuine, but yes, it might be a little poke in the eye........who knows.

4.5m X trade end of day.

Feb 2007 Oil Barrel Conference Presentation (PDF file)

http://www.ob-data.com/conference/feb07/petrolatina.pdf

Equity Growth Initiation Report on PELE

Dated 26th Feb 2007

From the http://www.proactiveinvestors.co.uk/ website.


PDF File here : http://www.proactiveinvestors.co.uk/registered/research/equitygrowth/PetroLatina_Initiation_Report_260207.pdf

A decent report imo.

115K sell at 23p (late reported as a protected T) caused the fall today.......its clear now though, 10K MM buy just gone through and we are on the move.

was tempted earlier at 24p for top up, but decided with all going on may see what the rest of the week brings...

Should be an interesting week ahead, we are due the reservoir update from Serafin, this week, I would guess very latest week after next.

Lets hope its good news and to the top end of historical forecasts.


For more info on PELE and the latest updates, its at the link below :

http://www.esnips.com/web/PetrolatinaInfo

Well, news today.

14 mmscfd (14 Mscfd) is equivalent to 2,333 boepd (it will slow down as the gas is extracted, but a commencing rate of 2,333 boepd (1,166 net to PELE) would be very nice for the bank account).

Lets get this nice little earner cashed in and money in the bank a.s.a.p.

Seems a very good appointement !


Petrolatina Energy PLC
12 March 2007
PETROLATINA ENERGY Plc
www.petrolatinaenergy.com

APPOINTMENT OF CHIEF EXECUTIVE OFFICER

PetroLatina Energy Plc ('PetroLatina' or the 'Company') an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce the appointment of Rudolph Berends as Chief Executive Officer with immediate effect.

Rudolph was previously CEO for Mercantile International Petroleum, Inc, an oil & gas company with assets in Colombia and Peru. Whilst at Mercantile he transformed the business from debts of US$65m to having strong cash flows and operating profits. Rudolph successfully sold Mercantile in a private sale in early 2006.

Between 1997 and 2001, Rudolph was the President of Preussag Energie Americas, the German oil and gas exploration & production company, where he was responsible for the company's upstream oil & gas activities in Latin America, US and Canada. The company was sold to OMV, Central Europe's largest oil and gas group, in late 2001.

Having started his career as an explorationist with Shell in the early 1970's, Rudolph has built up over 34 years of experience in the oil & gas industry, 15 of which have been spent in South America.

Rudolph, a Dutch national, holds a Doctoral Degree in Geophysics and Bachelor Degrees in Geology and Finance.

Greg Smith, Executive Chairman of, PetroLatina Energy Plc, commented:

'We are delighted that Rudolph has agreed to join PetroLatina as CEO. He not only has a significant amount of relevant experience in oil & gas exploration, development and production in Latin America, he also has a solid track record of successfully developing and growing oil & gas businesses. PetroLatina has a combination of strong revenue streams from oil & gas production and the RZA pipeline as well as some exciting exploration and development prospects. With the addition of Rudolph and the experience he brings to the Company we look forward to the future with confidence. '

Hi PP, new company on aim today, Nighthawk energy, worth a look.

Petrolatina Energy PLC
13 March 2007



PetroLatina Energy Plc
("PetroLatina" or the "Company")

Holding(s) in Company

The Company was informed on 12 March 2007 that Credit Suisse Securities (Europe)
Limited is interested in 5,283,400 ordinary shares in the capital of the
Company, representing 4.63 per cent of the entire issued ordinary share capital
of the Company. Credit Suisse Securities (Europe) Limited holds these shares as
legal owner for the benefit of Millennium Global Natural Resources Fund Limited.

For further information, please contact:

PetroLatina Energy Ian Refault, Chief Ianrefault@petrolatinaenergy.com
www.petrolatinaenergy.com Financial Officer +44(0)2072974360

Pelham Public James Henderson James.henderson@pelhampr.com
Relations +44(0)2077436673
Charles Vivian Charles.vivian@pelhampr.com
+44(0)2077436672




This information is provided by RNS

RAB up and Alliance a new major holder.


Petrolatina Energy PLC
21 March 2007
PetroLatina Energy Plc
('PetroLatina' or the 'Company')

Holding(s) in Company

The Company was informed on 20 March 2007 that RAB Special Situations (Master)
Fund Ltd is interested in 22,989,602 ordinary shares in the capital of the
Company, representing 20.17 per cent of the entire issued ordinary share capital of the Company. Credit Suisse Client Nominees Limited is the registered holder of these shares.

The Company was also informed on 20 March 2007 that Allianz SE is interested in
5,615,385 ordinary shares in the capital of the Company, representing 4.93 per
cent of the entire issued ordinary share capital of the Company. Dresdner Bank
AG is the registered holder of these shares.

Petrolatina Energy PLC
23 March 2007

PetroLatina Energy Plc
('PetroLatina' or the 'Company')

Holding(s) in Company

The Company was informed on 20 March 2007 that Artemis Investment Management Limited is interested in 9,000,000 ordinary shares in the capital of the
Company, representing 7.89 per cent of the entire issued ordinary share capital
of the Company.

P.P. How do you rate this share at the moment ?, especially in view of the recent institutional buying which you have highlighted. Would welcome your valued opinion.
Kind regards.

annie, it is very cheap imo, however you need to be patient. All being well in around 18 months this should be through 75p levels, it might happen sooner, it might not, however given the business they have, I do class them as highly undervalued, however, its going to take time to sort that out, the market needs its confidence rebuilt, and the new CEO appointement is a good one imv, this is the kind of man needed at the helm.