Petroamerica Named to the 2013 TSX Venture 50, Ranking Second out of Ten in the Oil and Gas Category

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." 

About Petroamerica:

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.

Nelson Navarrete
President and CEO

Colin Wagner
CFO

Ralph Gillcrist
COO, Executive Vice President

Tel Bogota, Colombia: [phone]
Tel Calgary, Canada: [phone]
Email: [email protected]
Web Page: www.PetroamericaOilCorp.com