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Thursday, March 27, 2008

PDP- Undervalued Oil Play Target 17.40-25.00

Petrolifera is a Calgary-based crude oil and natural gas exploration, development and production company. It holds approximately 497,000 acres of exploratory and production rights in Argentina, and is currently producing in excess of 9,000 boe/d of crude oil, natural gas and natural gas liquids at Puesto Morales. The company also holds 1.2 million acres of exploratory rights in Colombia and over 5.2 million acres under two licenses onshore Peru.