Petrolifera Names New VP of Exploration, New Ventures

Petrolifera Petroleum Ltd.

Petrolifera has announced the appointment of Dr. Robert ("Bob") N. Erlich to the position of Vice President, Exploration and New Ventures with the Company. In this position, he will report directly to Gary D. Wine, President and Chief Operating Officer of the Company.

Dr. Erlich will be located in the Company's newly established Houston office and will assist Wine in the
conduct of the Company's South American exploration programs and business activities in Peru, Colombia and to a lesser extent in Argentina.

Additionally, he will focus his energies and expertise on seeking out new business opportunities in Central and South America. We welcome Dr. Erlich to Petrolifera and are confident based on his education, training, expertise and business experience that he will make a valuable contribution to the growth and development of Petrolifera in its pursuit of well-established business objectives in selected countries in South America.

Bob Erlich holds a PhD in Palaeoceanography from Vrije University of Amsterdam, The Netherlands. He also secured an MS in Geology, University of North Carolina at Chapel Hill and a BS in Geology from the University of
Miami, Florida.

He has approximately 28 years of worldwide oil industry experience with divisions of major oil companies, including extensive experience initially in the United States onshore and offshore and then in Southeast Asia. For most of the past eighteen years he has concentrated on South America (including Peru, Colombia, Venezuela, Latin America and the Caribbean including Trinidad) and most recently was Manager, Exploration New Ventures, Latin America/Caribbean with one of the world's largest oil companies, from which he is retiring
before joining Petrolifera as an officer of the Company.

Dr. Erlich has published extensively, with 23 major publications on stratigraphy, source rocks, seismic stratigraphy, carbonate sedimentology and basin evaluation. He has also made 18 technical presentations at important international meetings and is a member of numerous professional societies, including American Association of Petroleum Geologists.