Headquartered in San Clemente, California, USA, Petro Vista Energy Corp., is an independent exploration company engaged in the acquisition, exploration and development of oil and natural gas properties located in South America. The Company has exploration, development and production rights to over 840,190 gross acres (449,480 net) leasehold acres in Brazil and Colombia. The Company's goal is to build an upstream oil and gas company with exploration and production focused in the highest resource potential and commercially attractive countries in South America.Brazil The Company holds working interests in two onshore exploration located in the Recôncavo Basin on Brazil's east coast situated adjacent to the large Miranga Oil Field (Petrobras) having over 814 MMBOE in place.ColombiaPetro Vista has exploration agreements in four hydrocarbon-rich properties in the Llanos and Rio Magdalena Basins in Colombia. These prolific basins are characterized as having large blocks, multiple high-productivity reservoir targets and large-structure prospects. A series of near-term drilling programs are being carried out in these areas in 2009.