2009-08-19-2007-10-01-2007-10-01

Bought co., gaining JV to evaluate 300,000 hectares in Arauca department of Llanos Basin.

Petro Rubiales Energy Corp., Vancouver, (CDNX: PEG) has acquired Major International Oil SA for US$400,000. Major is now a subsidiary of Petrol Rubiales. Major's assets include a joint venture with Pacific Stratus Energy Ltd., Toronto, (Toronto: PSE) to evaluate approximately 300,000 hectares in the Arauca department of the Llanos Basin in Colombia. Major has the right to earn up to 50% in any E&P contract resulting from the evaluation in exchange for funding US$10.5 million in costs for the evaluation.