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La Cortez Energy Announces Upcoming Participation in RBC Conference


News provided by

La Cortez Energy, Inc.

Feb 18, 2010, 06:45 ET

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BOGOTA, Feb. 18 /PRNewswire-FirstCall/ -- La Cortez Energy, Inc. ("La Cortez" or the "Company") (OTC: LCTZ), an early stage oil and gas exploration and production company currently pursuing business in Colombia, is pleased to announce that Mr. Andres Gutierrez Rivera, President and Chief Executive Officer, will be participating in a Emerging Companies panel discussion during the RBC CAPITAL MARKETS' SOUTH AMERICAN ENERGY SYMPOSIUM, taking place at Le Meridien King Eduard Hotel (Sovereign Ballroom), in Toronto, Canada, on Thursday, February 18th, at 1:30 PM.

About La Cortez Energy, Inc.

La Cortez Energy, Inc. is an early stage oil and gas exploration and production company currently pursuing a business strategy in the energy sector in South America, with an initial focus on identifying oil and gas exploration and production opportunities in Colombia. To that end, the Company has established a branch, La Cortez Energy Colombia, Inc., with offices in Bogota, Colombia, and has signed a Joint Operating Agreement for a 50% working interest in the Putumayo-4 block and a Joint Operating Agreement for a 20% working interest in the Maranta block, were the Mirto-1 exploration well has been drilled.  Both blocks are in Colombia. In addition, the company signed, at the end of last year, a letter of intent for the acquisition of Avante Petroleum Sarl.

For more information, please contact the Company's Investor Relations department at (941) 870 5433 or by email: [email protected].

www.lacortezenergy.com

Forward-Looking Statements

Certain statements in this news release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "proposes", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information and assumptions of management. The proposed acquisition of Avante Colombia is subject to a number of conditions which may not be satisfied, and there can be no assurance that it will be consummated, nor can there be any assurance that the Rio de Oro and Puerto Barco exploration and production contracts will be successfully developed.  Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company, including, but not limited to, the Company's ability to identify other corporate acquisition and/or joint venture opportunities in the energy sector in Colombia, Peru and Brazil and, more generally, in Latin America, and to establish the technical and managerial infrastructure, and to raise the required capital, to take advantage of, and successfully participate in such opportunities, future economic conditions, political stability and energy prices. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.

SOURCE La Cortez Energy, Inc.

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