CALGARY, Feb. 13, 2013 /CNW/ - Petroamerica Oil Corp. (TSXV:PTA) ("Petroamerica" or the "Company") is pleased to announce that it has been recognized by the TSX Venture
Exchange as one of the 2013 TSX Venture 50 companies, a ranking of
strong performing companies on the TSX Venture Exchange.
The TSX Venture 50 annually awards the top ten companies listed on the
TSX Venture Exchange, in each of five major industry sectors - Oil and
Gas, Mining, Technology & Life Sciences, Diversified Industries and
Clean Technology. The 2013 TSX Venture Top 50 companies were chosen
based on their share price appreciation, trading volume, market
capitalization, growth and analyst coverage, as of December 31, 2012.
Petroamerica achieved the second position out of the ten companies
selected in the Oil and Gas industry sector.
"We are honored to be part of the TSX Venture Top 50 in 2013 and
recognized as a company that has stood out and excelled in Canada's
public venture market," said Nelson Navarrete, President and CEO of
Petroamerica, "our top 10 ranking in the oil and gas sector is
validation of the value we are creating as we advance the appraisal of
our discoveries in the Llanos Basin of Colombia."
Petroamerica Oil Corp. is a junior oil and gas exploration and
production company with activities in Colombia. Petroamerica produces
over 4,000 barrels of oil per day (Company working interest) from two
oil discoveries, has one new discovery under appraisal and has
interests in seven exploration blocks, all located in Colombia's Llanos
Basin. Petroamerica's shares are listed on the TSX Venture Exchange
under the symbol "PTA".
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Petroamerica Oil Corp.
For further information:
President and CEO
COO, Executive Vice President
Tel Bogota, Colombia: +57-1-744-0644
Tel Calgary, Canada: +1-403-237-8300
Web Page: www.PetroamericaOilCorp.com