Petroamerica Oil Corp. is a well funded TSX-V listed Canadian oil and gas Company engaged in the exploration and development of light to medium oil opportunities in Colombia. The Company is led by a strong and experienced senior management team with extensive operations and exploration experience. President Paul Kroshko and his team previously managed Petrominerales Corp. (TSX: PMG), where they discovered several new fields including Corcel and Mapache. Petrominerales currently produces approximately 30,000 bopd from Colombia.

Petroamerica Oil has assembled a large portfolio of prospective oil properties in several prolific basins, including the Colombian Oriental Cordillera, Llanos and Middle and Lower Magdalena Basins, and is joint ventured on some of these properties with established producers in the country.

latest news & media

march 16, 2010
PETROAMERICA HITS PAYDIRT
Petroamerica (TSX.V:PTA) reported it was successful in drilling its first well in Colombia last week, with a short test (only 1-2 days) showing 1,314 barrels of oil per day (bopd) production.This well, in which PTA has a 15% interest, is the latest in a long line......

february 17, 2010
PETROAMERICA CASES BALAY-1 AS A POTENTIAL OIL WELL
Petroamerica announces that the Balay-1 exploratory well has reached total depth and that it has been partially logged and, after positive indications while drilling and logging, the Balay-1 well is being cased to be......

february 12, 2010
PETROAMERICA TO LIST 180,000,000 WARRANTS ON FEBRUARY 16, 2010
Effective at the opening on February 16, 2010, the 180,000,000 share purchase warrants of Petroamerica Oil Corp. (TSXV: PTA) which expire at 4:00 p.m. on October 8, 2014 will commence trading on the TSX......

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