03:42 PM EST - Petrolifera Petroleum Limited : announced today that it has entered into a binding agreement with an international oil and gas exploration and production company with operations in South America to sell a 25% working interest in its Sierra Nevada License in Colombia. Petrolifera will receive cash payment of $10 million U.S., payable in instalments in December 2010 and January 2011, in respect of this disposition. Petrolifera Petroleum Limited
shares T.PDP are trading up $0.01 at $0.61.
