Pacific Rubailes Energy Warrants

Pacific Rubailes Energy

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Name - Pacific Rubailes Energy

Address: 201 - 850 Hastings St W 

Vancouver  BC  V6C 1E1

Phone: 604 689 9661 

Fax: 604 689 9610
Website - http://www.pacificrubiales.com/

Warrant Symbol - PRE.WT
Number  Trading - 44,311,387
Expiration Date - July 12, 2012
Cusip -  71646Q 11 1

Exercise Price - $7.80

Warrant Symbol - PEG.WT
Number  Trading - 8,779,588
Expiration Date - July 12, 2012
Cusip -  71646Q 11 1

Exercise Price - $1.30
Warrants called to trade news:

BRIEF: For the fiscal year ended 31 December 2008, Pacific Rubiales Energy Corp's revenues totaled $577.5M, up from $83.5M. Net income totaled $76.7M, up from $13.3M. Revenues reflect higher heavy crude oil & natural gas sales and increased interest income. Net income also reflects improved gross & operating margins, higher foreign exchange gain and the presence of other income vs. an expense. The Company is engaged in production of heavy crude oil & gas.

3/07, Company split its Common shares on a 7:1 basis. 05/08, 1-for-6 Reverse Stock split.

Pacific Rubiales Energy Corp. is a Canadian-based company engaged in the exploration, development and production of heavy crude oil and natural gas in Colombia and Peru. The Company has 34 exploration and production blocks: 31 in Colombia and three in Peru. During the year ended December 31, 2008, the Company concentrated its exploration efforts in the Llanos and Lower Magdalena Valley basins, with 10 of 12 wells drilled there, resulting in nine discoveries in the Llanos basin, the Rub-147, Rub-51, Rub-52, Rub-53 and Quifa-5 wells being successful. During 2008, average production was 21,341 barrels of oil equivalent per day (boe/day). On January 23, 2008, the Company completed the acquisition of Pacific Stratus Energy Ltd. On September 3, 2008, the Company completed the acquisition of Kappa Energy Holdings Ltd.

Security                                            New symbol          Old symbol



Common shares                               PRE                  PEG

8-per-cent convertible unsecured

subordinated debentures                PRE.DB               PEG.DB

Warrants                                             PRE.WT               PEG.WT

Petro Rubiales Energy to list warrants on TSX-V Nov. 13

2007-11-12 14:17 MT - Warrants Called to Trade

Effective at the opening on Tuesday, Nov. 13, 2007, the warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as a metals and minerals -- mining company.

Corporate jurisdiction:  British Columbia

Capitalization:  unlimited warrants with no par value of which 267,604,588 warrants are issued and outstanding

Transfer agent:  Pacific Corporate Trust Company

Trading symbol:  PEG.WT

Cusip No.:  71646Q 11 1

The warrants were issued pursuant to a private placement associated with an acquisition. One warrant entitles the holder to purchase one share at a price of $1.30 per share and will expire on Thursday, July 12, 2012. A total of 8,779,588 of the warrants have a hold period which will expire on Nov. 17, 2007.