PDQ Petrodorado Energy Ltd

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSX VENTURE:PDQ)
enters into a farm-in with Loon Energy Corporation ("Loon") and terminates its
previously announced corporate acquisition of Loon.


Petrodorado entered into a farm-in agreement (the "Farm-in") with Loon Energy
Corporation ("Loon") to acquire a 10% working interest in the Buganviles block.


Petrodorado has decided not to proceed with its corporate acquisition of Loon
Energy Corporation ("Loon"), as previously mentioned in a joint press release
dated July 19, 2010.


Well El Visure 1 targeting the upper and lower Guadalupe formations at a planned
depth of 3600ft. and is currently at a depth of 1500ft. Well Tuqueuque 1X is
expected to spud shortly.


Petrodorado will have a 59.5% beneficial interest in the Visure prospect and a
55% beneficial interest in the Tuqueque prospect.


About Petrodorado Energy Ltd.

Petrodorado is primarily engaged in petroleum and natural gas exploration and
development activities in Colombia, Peru and Paraguay. Its head office is
located in Calgary, Alberta, Canada and Petrodorado's common shares are traded
on the TSXV under the trading symbol PDQ. 


Cautionary Note Regarding Forward-Looking Statements 

Except for the statements of historical fact contained herein, the information
presented constitutes "forward-looking statements". Such forward-looking
statements, including but not limited to uncertainties and other factors which
may cause the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Although the Company
has attempted to identify important factors that could cause actual results to
differ materially, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers are cautioned that the assumption used in the preparation of the
forward-looking statements, although considered reasonable at the time of
preparation may prove to be imprecise and, as such undue reliance should not be
placed on forward-looking statements. 


The forward-looking statements contained in this press release are made as of
the date of this press release. Except as required by law, the Company disclaim
any intention and assume no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as required by applicable securities law. Additionally, the Company
undertakes no obligation to comment on the expectations of, or statements made,
by third parties in respect of the matters discussed above.

Grafico Azioni Petrodorado Energy (TSXV:PDQ)
Storico
Da Feb 2025 a Mar 2025

Grafico Azioni Petrodorado Energy (TSXV:PDQ)
Storico
Da Mar 2024 a Mar 2025