Petrodorado Provides Operations Update

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) is
pleased to provide an operational update on the Talora and CPO-5 Block in
Colombia.


Talora

A testing rig is now rigging up on the exploration well Dorados-1X. Multiple
test intervals have been identified and will be tested sequentially from the
deepest to the shallowest.


The target testing zones are:



Lower Dorados Sand      conventional reservoir                              
Upper Dorados Sand      conventional reservoir with indications of fractures
Unconventional Shale    unconventional with indications of fractures        



Petrodorado is the operator of the block with a 65% Working Interest.

CPO-5

The Kamal-1X exploration well was spudded on October 29 and is presently at 700
feet. The total target depth of the well is 10,500 feet. This is the first
exploration well in CPO-5 targeting the Mirador, Guadalupe and the Une sands in
trend with nearby prolific producing wells in the adjoining Corcel and Guataquia
Blocks.


Petrodorado has a 30% non-operated working interest in this block.

Krishna Vathyam, Chairman, President and CEO of Petrodorado Energy Ltd.

"With the drilling in CPO-5 and testing in Dorados-1X underway, we eagerly await
results from these two wells. "


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, certain
information presented herein constitutes "forward-looking statements". Such
forward-looking statements, including but not limited to the expected timing
from the company's drilling results are subject to numerous 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. These forward looking statements are based
upon assumptions that the Company has made concerning the oil and gas industry
in Colombia, Peru and Paraguay, the reliability of available data regarding the
properties in question, and the continuing market for oil and gas. Risk factors
may include the uncertainty of conducting operations under a foreign regime, the
availability of labour and equipment, the fluctuating price of oil and gas, and
the Company's dependence upon other participants in the property areas. Neither
the Company nor any of its subsidiaries nor any of its officers or employees
guarantees that the assumptions underlying such forward-looking statements are
free from errors, nor do any of the foregoing accept any responsibility for the
future accuracy of the opinions expressed in this document or the actual
occurrence of the forecasted developments.


The forward-looking statements contained in this press release are made as of
the date of this press release. The Company disclaims 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Petrodorado Energy Ltd.
Krishna Vathyam
Chairman, President and CEO
(403) 930-7544


Petrodorado Energy Ltd.
Chris Reid
VP of Finance and CFO
(403) 930-7544
info@petrodorado.com
www.petrodorado.com
Petrodorado Energy (TSXV:PDQ)
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