Petrolifera Petroleum

Petrolifera Petroleum Limited (TSX: PDP), headquartered in Calgary, Alberta is a Canadian oil and gas company engaged in exploration and production activity in South America. Petrolifera’s production base stems from its 100 percent-owned Puesto Morales/Rinconada Concession in the Neuquen Basin, Argentina. In late 2005 and early 2006, several significant light oil discoveries were made on this concession.

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Petrolifera was also successful in negotiating two major petroleum and natural gas exploratory licenses covering over five million acres (20,000 km²) in the Marañon and Ucayali Basins of Peru during 2005. These blocks are either on trend with or offset significant petroleum accumulations and are considered to be well-situated from a geological perspective.

Petrolifera is currently 31 percent owned and also managed by Connacher Oil and Gas (TSX: CLL) of Calgary, Alberta.

Corporate governance

Current members of the board of directors of Petrolifera Petroleum Limited are: Richard A. (Dick) Gusella, Gary D. Wine, Donald D. Barkwell, Colin M. Evans, Gerrit T. Maureau, Stewart D. McGregor, and Christopher Smith.

See also

• Oil
• Gas
• Oil well
• Drilling
• OPEC
• List of oil-producing statesCompanies established in 1975