Petrolifera to present at Thomas Weisel Conference and posts updated
corporate presentation

CALGARY, June 9 /CNW/ - Petrolifera Petroleum Limited (PDP - TSX) announced today that it will be presenting at the Thomas Weisel Partners 2010 Energy Conference in Montreal, Québec on Thursday, June 10th, 2010. Gary Wine, President and Chief Operating Officer will be presenting at approximately 10:15 AM ET.

To access the webcast of the presentation please go to the link provided below.

http://www.veracast.com/webcasts/twp/energy2010/12104243.cfm

The slide presentation for this event will be posted on Petrolifera's website at www.petrolifera.ca. Click on the "Investor Information" link and go to "Presentations". A link to the webcast will also be posted on the website and will be available at the time of the presentations.

Petrolifera Petroleum Limited is a Calgary-based crude oil, natural gas, and natural gas liquids exploration, development and production company with interests in eleven concessions or licenses in Argentina, Colombia and Peru.

For further information: Petrolifera Petroleum Limited, R. A. Gusella, Executive Chairman, [phone]; Or Gary D. Wine, President and Chief Operating Officer, [phone]; Or Kristen J. Bibby, Vice President Finance and Chief Financial Officer, [phone], [email protected], www.petrolifera.ca