Petro Vista has exploration, development and production rights to over 840,190 gross leasehold acres (449,480 net) in Brazil and Colombia.

BRAZIL

The Company holds working interests in two onshore exploration located in the Recôncavo Basin on Brazil's east coast situated adjacent to the large Miranga Oil Field (Petrobras) having over 814 MMBOE in place.

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 (ie: Sinu Norte SSJN-5 Block at 570,452 gross acres), multiple high-productivity reservoir targets and large-structure prospects. A series of near-term drilling programs are being carried out in these areas in 2009.

JULY 2009 REPORT