Petroamerica announces the launch of its new website

TSXV - PTA

VANCOUVER, June 18 /CNW/ - Petroamerica Oil Corp. (the 'Company') is pleased to announce the launch of its new website www.petroamericaoilcorp.com.

Petroamerica has interests in 9 properties in 4 basins in Colombia totaling over 1,800,000 gross acres (540,000 net acres). Investors are now able to review each, and sign in for corporate updates.

The Company has also relocated to Calgary, Alberta. Petroamerica can be contacted at: Suite 1405, 101 6th Avenue SW Calgary, AB T2P 3P4

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.

For further information: A. Paul Kroshko, President and CEO, Petroamerica Oil Corp., Tel: [phone], Email: [email protected]; or Colin Wagner, CFO, Petroamerica Oil Corp., Tel: [phone], Email: [email protected]