PDQ Petrodorado Energy Ltd

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Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSX VENTURE:PDQ)
announces a new exploratory success at its Visure-1X well, located in the
Buganviles Block, Upper Magdalena Valley Basin, Colombia. 


The Visure-1X well, located in the Visure prospect, to the southeastern border
of the Buganviles Block, was drilled to evaluate a structural trap, similar to
the nearby producing Abanico field, to the northeast. The well had three main
exploratory targets: the Upper, Lower Cretaceous Guadalupe Formation and the
Tertiary Barzalosa Formation. The well was drilled slightly deviated at an angle
of 9 degrees and found the top of the Barzalosa Formation at 2,206 feet MD
(1,040 feet TVDSS), the Upper Guadalupe at 2,995 feet MD (1,825 feet TVDSS), the
Lower Guadalupe at 3,079 feet MD (1,908 feet TVDSS), and the top of Villeta
Formation at 3,272 feet MD (2,099 feet TVDSS).


The petrophysical evaluation of the well in Barzalosa, Upper and Lower Guadalupe
Formations indicated a total liquid hydrocarbon net pay of 114 feet in the three
intervals, ranging from 24.5 to 45.5 feet of net pay and 16% to 26% average
porosity. In additional to the oil bearing sandstones, the well also encountered
gas saturated sandstones in the Barzalosa Formation (3 feet).


The Visure-1X well was drilled in the southwestern flank of the Visure prospect,
and confirmed an oil-water contact at 1,970 feet TVDSS in the Lower Guadalupe
Formation, and according to the seismic interpretation, the crest of the
structure at this level, 0.7 km to the northeast, has been mapped at 1,915 feet
TVDSS, which could imply an additional 65 feet of hydrocarbon column for the
Visure prospect in the Lower Guadalupe Formation. The Company is now presently
preparing the testing of the Lower and Upper Guadalupe formations, and plans to
complete Visure-1X as a Guadalupe producer.


The results of the Visure-1X well in the Buganviles Block brings new exploration
opportunities in the area, so the Company is planning to drill additional
exploratory wells in the Block during the last quarter of 2010 and the first
quarter of 2011. 


Petrodorado has a 59.5% beneficial interest in the Visure prospect.

Well Tuqueque-1X is expected to start shortly, targeting the Tetuan and Caballos
formations.


Petrodorado has a 55% beneficial interest in the Tuqueque prospect.

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, the information
presented constitutes "forward-looking statements". Such forward-looking
statements, including but not limited to 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.


The forward-looking statements contained in this press release are made as of
the date of this press release. Except as required by law, the Company disclaim
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.

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