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  Petrominerales Corporate Presentation
  May 2013

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Certain statements  on this website, including any of Petrominerales Ltd.’s (“Petrominerales” or the “Company”) presentations, webcasts or news releases constitute forward-looking statements. The use of statements that express, or involve discussions as to expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and may be forward-looking and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in the forward looking statements. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. Accordingly, any such forward-looking statements are qualified in their entirety by reference to, and are accompanied by, the factors discussed throughout this website. Such forward-looking statements included on this website should not be unduly relied upon.

In particular, this website may contain forward-looking statements pertaining to the following:

• the performance characteristics of the Company’s oil properties;
• forecasted oil production levels;
• the size of the oil reserves;
• projections of market prices and costs;
• supply and demand for oil;
• expectations regarding the ability to continually add to reserves through exploration, development and acquisitions;
• treatment under governmental regulatory regimes and tax laws; and
• capital expenditure programs and the timing for the completion of certain projects.

With respect to forward looking statements on this website, Petrominerales has made assumptions regarding:

•  oil production levels;
• commodity prices;
• general economic and financial market conditions;
• availability of labour and drilling equipment;
• availability of infrastructure to process associated water and sell produced oil;
• timing and amount of capital expenditures;
• operating costs;
• government regulation in the areas of taxation, royalty rates and environmental protection; and
• expectations and assumptions concerning the obtaining of necessary regulatory approvals.

The actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors set forth below and elsewhere in the Company’s Annual Information Form, which can be found under the subsection ‘Financial Reports’ of the ‘Investors’ tab on this website:

• volatility in market prices for oil;
• fluctuation in foreign currency exchange rates;
• risks inherent in oil operations in Colombia and Peru;
• exploration risk and future drilling success;
• uncertainties associated with estimating oil reserves;
• competition for, among other things, capital, acquisitions of reserves and land, equipment and personnel, and transportation and infrastructure;
• geological, technical, drilling and processing problems;
• changes in legislation, including changes in environmental or tax laws, royalties and government incentive programs relating to the oil and gas industry; and
• the other factors discussed under “Risk Factors” in the Company’s Annual Information Form, which can be found under the subsection ‘Financial Reports’ of the ‘Investors’ tab on this website.

Statements relating to “reserves” or “resources” are deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the resources and reserves described can be profitably produced in the future.

Readers are cautioned that the foregoing lists of factors are not exhaustive. The forward-looking statements contained on this website are expressly qualified by this cautionary statement. Further, any forward-looking statement is made only as of a certain date, and the Company undertakes no obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events, except as may be required by applicable securities laws. New factors emerge from time to time, and it is not possible for management of the Company to predict all of these factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement.