Petrominerales

News 2006

Mon Nov 13, 2006 PETROMINERALES ANNOUNCES STRONG THIRD QUARTER RESULTS

Petrominerales Ltd. is pleased to announce third quarter financial and operating results. The Company’s third quarter 2006 interim report, including financial statements and management’s discussion and analysis, is available on the Company’s website.

Thu Oct 19, 2006 PETROMINERALES PROVIDES OPERATIONAL UPDATE

Petrominerales Ltd. and its 80.7% majority shareholder Petrobank Energy and Resources Ltd. announce results from recent drilling and recompletion activities on the Company’s Orito and Neiva blocks in Colombia.

Fri Aug 11, 2006 PETROMINERALES ANNOUNCES STRONG SECOND QUARTER RESULTS

Petrominerales Ltd. (Petrominerales or the “Company”) is pleased to announce second quarter financial and operating results. The Company’s second quarter 2006 interim report, including financial statements and management’s discussion and analysis, is available on the Company’s website.

Thu Jun 29, 2006 PETROBANK CLOSES PETROMINERALES INITIAL PUBLIC OFFERING

Petrobank Energy and Resources Ltd. (Petrobank) is pleased to announce that we have closed the initial public offering (Offering) of the common shares of our subsidiary, Petrominerales Ltd. (“Petrominerales”). The Offering was priced at $3.75 per share and 18,306,173 shares were subscribed for, resulting in total gross proceeds of $68.6 million.