2009-10-28-2009-10-06

To farm into a 25% WI in Morichito Block in Llanos Basin & Block SSJN-5 in Upper Magdalena Basin in Colombia.

Cantrell Capital Corp., Vancouver, (Toronto Venture: CLJ) plans to farm into a 25% interest in the Morichito Block in the Llanos Basin in Colombia from Petro Vista Energy Corp., San Clemente, Calif., (Toronto Venture: PTV) for drilling costs up to US$2.5 million. Cantrell can earn one-half of Petro Vista's 50% participating interest in the block, which is held through subsidiary Petropuli Ltda. In consideration for the farm in, Cantrell has agreed to fund 100% of Petropuli's participating interest costs of drilling and completion of Morichito #5 well up to a maximum of US$2.5 million, following which any additional costs will be shared based on each party's participating interest. Cantrell has also agreed to farm into one-half of Petropuli's 50% participating interest in Block SSJN-5 in the Upper Magdalena Basin in Colombia (Block 5). Cantrell will fund 100% of Petropuli's participating interest share of the costs of completing the phase 1 mandatory and discretionary 3-D seismic program obligations on Block 5. Petropuli has also granted Cantrell an option to purchase the remaining 25% participating interest in Block 5 for US$3 million.