Petrolifera files year end disclosure documents



    /NOT TO BE DISTRIBUTED IN THE UNITED STATES OF AMERICA OR THROUGH U.S.
    WIRE SERVICES/

    CALGARY, March 27 /CNW/ - Petrolifera Petroleum Limited ("Petrolifera" -
PDP - TSX) announced that it has filed with Canadian securities regulatory
authorities its Annual Information Form which contains reserves data and other
oil and gas information for the period ended December 31, 2007, and the
reports as mandated by National Instrument 51-101. Copies of the filed
documents may be obtained via SEDAR at www.sedar.com or on Petrolifera's
website at www.petrolifera.ca.

    Petrolifera is a Calgary-based crude oil and natural gas exploration,
development and production company. It holds approximately 497,000 acres of
exploratory and production rights in Argentina, and is currently producing in
excess of 9,000 boe/d of crude oil, natural gas and natural gas liquids at
Puesto Morales. The company also holds 1.2 million acres of exploratory rights
in Colombia and over 5.2 million acres under two licenses onshore Peru.





For further information:

For further information: Richard A Gusella, Executive Chairman,
Petrolifera Petroleum Limited, Phone: (403) 539-8450, Fax: (403) 538-6225,
inquiries@petrolifera.ca, www.petrolifera.ca

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PETROLIFERA PETROLEUM LIMITED

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