La Cortez Energy, Inc. to Appoints Two New Board Members, Mr. Jaime Navas Gaona and Mr. Richard G. Stevens

La Cortez Energy, Inc. to Appoints Two New Board Members, Mr. Jaime Navas Gaona and Mr. Richard G. Stevens

Mr. Jaime Navas Gaona and Mr. Richard G. Stevens to the Company’s Board of Directors. Mr. Navas, a geologist, holds his Masters degree from the Colorado School of Mines, and has spent his 40 year career working in Colombia and other Latin America countries successfully identifying and developing exploration opportunities for well established oil and gas companies. Mr. Navas is experienced in evaluating oil and gas exploration opportunities throughout all the major producing basins in Colombia and will serve as Chairman of the Reserves Committee of the Board of Directors of La Cortez Energy. Mr. Stevens, a certified public accountant, holds considerable experience serving as a director of several publicly traded companies in the United States and will serve as Chairman of the Audit Committee of the Board of Directors of La Cortez Energy.

Mr. Navas started his career as a geologist with Exxon in Colombia, and was employed by Exxon for 27 years. During his tenure with Exxon, Mr. Navas worked on exploration projects in the USA, Brazil and Argentina, among others. On several occasions he was appointed as Exploration Manager and he retired from Exxon in 1992.

From 1993 to 1996, Mr. Navas worked as Senior Exploration Advisor with Maxus Energy in Bolivia, and actively participated in the development of the Surubi oil field, the largest oil field in the country, and in the evaluation of their exploration acreage.

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 and Peru. To that end, the Company is in the process of establishing an operational branch in Colombia with offices in Bogotá, Colombia.

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