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Press release from Marketwire

Petrominerales Provides Update on Temporary Production Halt and Road Blockades

Monday, September 12, 2011

Petrominerales Provides Update on Temporary Production Halt and Road Blockades00:07 EDT Monday, September 12, 2011BOGOTA, COLOMBIA--(Marketwire - Sept. 12, 2011) - Petrominerales Ltd. ("Petrominerales" or the "Company") (TSX:PMG)(BVC:PMGC) advises that further to our press release of September 8th, due to a continued lack of public order around our Corcel facilities, we have been unable to restart production operations on our Corcel and Guatiquia Blocks. As a result, production totaling over 30,000 barrels of oil per day has been shut-in. We continue to take all necessary measures to maintain the safety of our personnel and contractors.Petrominerales is optimistic that public order will be restored to the area soon, which would lead to the resumption of our production operations. Representatives of Petrominerales are planning to attend meetings organized by the Colombian Government on September 13, 2011 in conjunction with community leaders from the Corcel area, aimed at achieving a sustainable solution to this situation.Petrominerales Ltd. is an international oil and gas company operating in Latin America since 2002. Today, Petrominerales is the most active exploration company and the fourth largest oil producer in Colombia. Our high quality land base and multi-year inventory of exploration opportunities provides long-term growth potential for years to come.FOR FURTHER INFORMATION PLEASE CONTACT: Corey C. RuttanPetrominerales Ltd.President and Chief Executive Officer403.750.4400 or 011.571.629.2701ORJack F. ScottPetrominerales Ltd.Chief Operating Officer403.750.4400 or 011.571.629.2701ORKelly D. SledzPetrominerales Ltd.Chief Financial Officer403.750.4400 or 011.571.629.2701