Strategies for Success:
> Balanced project portfolio including production and high-impact upside potential.
  • > Technology partnership for geotechnical and operational excellence.
  • > High-quality deal flow with experienced and well-connected management.
  • > Strong financial backing.

 

"Petro Vista Energy has secured production opportunities in an attractive exploration acreage portfolio with impact potential in both Colombia and Brazil."
About Petro Vista
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ABOUT

Headquartered in San Clemente, California, USA, Petro Vista Energy Corp., is an independent exploration company engaged in the acquisition, exploration and development of oil and natural gas properties located in South America. The Company has exploration, development and production rights to over 727,031 gross acres (197,697 net) leasehold acres in Brazil and Colombia. The Company's goal is to build an upstream oil and gas company with exploration and production focused in the highest resource potential and commercially attractive countries in South America.

Two successful wells in March and April 2010 in both Colombia and Brazil could take a Junior Exploration company to producer with up to net 937 bopd prior to end of Q3 2010. Both drilling successes have planned follow up development wells for production adds and additional exploration targets. Funded high impact exploration well in Colombia to be drilled in July could materially affect the company boosting production up to net 1400 bopd by exit 2010.

Exploration Portfolio total of 6 blocks rounded out with additional attractive exploration acreage in Brazil and Colombia with Major Oil company partner for 2D seismic in 2010 and high reward exploration well in 2011.

Brazil

The Company holds working interests in three onshore exploration blocks located in the Sergipe-Alagoas and Recôncavo Basin on Brazil's east coast situated adjacent to the large Miranga Oil Field (Petrobras) having over 814 MMBOE in place, and the Carmopolis Oil Field with over 528 MMBOE.

Colombia

Petro Vista has exploration agreements in four hydrocarbon-rich properties in the Llanos and Rio Magdalena Basins in Colombia. These prolific basins are characterized as having large blocks, multiple high-productivity reservoir targets and large-structure prospects. A series of near-term drilling programs are being carried out in these areas in 2010.