La Cortez Energy Names New Production and Operations Manager

La Cortez Energy has announced that William Giron has joined the Company as its Production and Operations Manager effective January 7, 2009.

Giron brings over 26 years of oil and gas experience to La Cortez. Most recently, from 2007 to date, Giron was the Production Manager for Hocol's Magdalena Valley assets where he was responsible for production in excess of 18,000 BOED (Barrels of Oil Equivalent per day), a capital expenditure budget exceeding US $130 million, and relationships with Ecopetrol, the Colombian state-controlled oil company, the Colombian Ministry of Mines, local government officials and third parties private partners. Giron also performed in other capacities at Hocol as field asset manager for the heavy crude oil of La Hocha field, as a reservoir engineer and a field development manager.

Prior to joining Hocol, Giron was employed by Texas Petroleum Company (Texaco) from 1982 to 1995. He was an independent consultant from 1996 to 1997. At Texaco, Giron held various posts as a production and reservoir engineer and as an assistant superintendent. He was involved in activities including budgeting and planning, reservoir management, production enhancement and pipeline operations management. Giron has a B.S. in Petroleum Engineering from the Universidad de America in Bogota.

Giron will work closely with Carlos Lombo, the company's Chief Geologist. Lombo, also an industry veteran, brings more than 23 years of industry experience to La Cortez. Before joining La Cortez, Lombo was a consultant for a number of multinational corporate and local government entities including, but not limited to, BP Exploration, Occidental Petroleum Colombia, Nexen Petroleum, Ecopetrol, Solana Resources and the Agencia Nacional de Hidrocarburos (ANH), Colombia's regulatory hydrocarbon agency.

Before working as a consultant, Lombo was employed by Ecopetrol from 1986 to 2003 as an exploration geologist and a project manager across every major basin in Colombia. Lombo has an extraordinary wealth of knowledge and connections that he brings to La Cortez. Lombo is a graduate of the National University of Colombia where he obtained degree in geology.

CEO and President Andres Gutierrez commented, "I am very pleased to announce the appointment of William Giron as our Production and Operations Manager. Mr. Giron will be a pivotal element in the development of La Cortez as a significant player in the South American energy sector as he brings vast experience and knowledge in the energy industry to La Cortez. With the appointment of Mr. Giron, we have established a complete, well-seasoned technical team perfectly suited to identify business opportunities and see them through to fruition. Mr. Giron and Mr. Lombo, our Chief Geologist, will be working hand-in-hand to establish synergies and efficient management of our corporate resources."