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Press release from CNW Group

Pacific Rubiales Energy Corp. - Annual Meeting Voting Results on the Election of Directors

Thursday, May 30, 2013

Pacific Rubiales Energy Corp. - Annual Meeting Voting Results on the Election of Directors

20:33 EDT Thursday, May 30, 2013

TORONTO, May 30, 2013 /CNW/ - Pacific Rubiales Energy Corp.'s (TSX: PRE; BVC: PREC; BOVESPA: PREB) annual meeting of shareholders was held today, where each of the twelve nominees proposed as directors and listed on the Company's management proxy circular dated April 25, 2013 were elected as directors.  The directors achieved an average approval vote of 87.5% from shareholders.  The detailed results of the vote are set out below:

Nominee Outcome of vote Voted Voted (%)
José Francisco Arata Approved 169,954,037 Voted
25,384,920 Withheld
87.00%
13.00%
Miguel de la Campa Approved 166,569,160 Voted
28,769,797 Withheld
85.27%
14.73%
German Efromovich Approved 162,759,894 Voted
32,579,063 Withheld
83.32%
16.68%
Serafino Iacono Approved 166,069,391 Voted
29,269,566 Withheld
85.02%
14.98%
Augusto Lopez Approved 175,406,096 Voted
19,932,861 Withheld
89.80%
10.20%
Hernan Martinez Approved 166,674,476 Voted
28,664,481 Withheld
85.33%
14.67%
Dennis Mills Approved 173,171,092 Voted
22,167,865 Withheld
88.65%
11.35%
Ronald Pantin Approved 173,396,821 Voted
21,942,136 Withheld
88.77%
11.23%
Victor Rivera Approved 175,364,835 Voted
19,974,122 Withheld
89.77%
10.23%
Miguel Rodriguez Approved 173,541,885 Voted
21,797,072 Withheld
88.84%
11.16%
Francisco Solé Approved 174,921,381 Voted
20,417,576 Withheld
89.55%
10.45%
Neil Woodyer Approved 173,212,681 Voted
22,126,276 Withheld
88.67%
11.33%

Pacific Rubiales, a Canadian company and producer of natural gas and crude oil, owns 100% of Meta Petroleum Corp., which operates the Rubiales, Piriri and Quifa heavy oil fields in the Llanos Basin, and 100% of Pacific Stratus Energy Colombia Corp., which operates the La Creciente natural gas field in the northwestern area of Colombia. Pacific Rubiales has also acquired 100% of PetroMagdalena Energy Corp., which owns light oil assets in Colombia, and 100% of C&C Energia Ltd., which owns light oil assets in the Llanos Basin. In addition, the Company has a diversified portfolio of assets beyond Colombia, which includes producing and exploration assets in Peru, Guatemala, Brazil, Guyana and Papua New Guinea.

The Company's common shares trade on the Toronto Stock Exchange and La Bolsa de Valores de Colombia and as Brazilian Depositary Receipts on Brazil's Bolsa de Valores Mercadorias e Futuros under the ticker symbols PRE, PREC, and PREB, respectively.

SOURCE: Pacific Rubiales Energy Corp.

For further information:

Christopher (Chris) LeGallais
Sr. Vice President, Investor Relations
+1 (647) 295-3700

Roberto Puente
Sr. Manager, Investor Relations
+57 (1) 511-2298

Javier Rodriguez
Manager, Investor Relations
+57 (1) 511-2319

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