Petrolifera files year end disclosure documents

CALGARY, March 17 /CNW/ - Petrolifera Petroleum Limited ("Petrolifera" - PDP - TSX) announces 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, 2009, 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 Petroleum Limited is a Calgary-based crude oil, natural gas and natural gas liquids exploration, development and production company with operations in Argentina, Colombia and Peru. The Corporation's main production platform is at the Puesto Morales Norte Field in Argentina. Extensive undeveloped lands are held in all three countries, including three licenses in Peru and three licenses in Colombia.

SOURCE PETROLIFERA PETROLEUM LIMITED

For further information: For further information: Petrolifera Petroleum Limited, R. A. Gusella, Executive Chairman, (403) 538-6201; Or Gary D. Wine, President and Chief Operating Officer, (403) 539-8450; Or Kristen J. Bibby, Vice President Finance and Chief Financial Officer, (403) 539-8450; Inquiries@petrolifera.ca, www.petrolifera.ca

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PETROLIFERA PETROLEUM LIMITED

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