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Medexus Pharmaceuticals Inc.
Jul 11, 2007 at 9:00 PM UTC
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Petrolifera Petroleum Limited posts updated slide presentation

CALGARY, July 11 /CNW/ - Petrolifera Petroleum Limited announces today that it has posted a new power point slide presentation entitled "Investor Update - Summer 2007" which will be presented by the company to various institutional investors during upcoming meetings next week in Toronto, Ontario and Montreal, Quebec, Canada.

The slides can be accessed by going to www.petrolifera.ca and clicking on the link shown under this press release in the "Recent Highlights" section, or by going to the "Investor Information" link and clicking on "Presentations".

Petrolifera Petroleum Limited is a Calgary-based crude oil and natural gas company primarily engaged in exploration, development and production in South America. The company holds interests in an extensive acreage position in the Neuquen Basin, Argentina and is also active in Colombia and in Peru, where it operates and owns 100 percent of two large exploratory licenses covering over 5 million acres onshore in the Maranon and Ucayali Basins. The company's shares are listed for trading on the Toronto Stock Exchange under the symbol PDP. Petrolifera is pursuing an active drilling campaign in Argentina and expects to drill up to 55 wells in 2007, using four drilling rigs and three completion rigs during the latter part of the year. The company has now drilled 23 consecutive successful wells in Argentina without a dry hole.