Dahava Petroleos - End of Consultancy Contract With Brasilinvest

ASUNCION, Paraguay, November 5, 2012 /PRNewswire/ --

Dahava Petroleos announces that the advisory contract with Brasilinvest Group has ended following its initial 3 month period.

Dahava Petroleos Chairman, Joseph Goldstein said, "We thank Brasilinvest for their contribution to Dahava Petroleos' development and hope to work further with them in the future."

Dahava Petroleos SA - see http://www.dahavapetroleos.com is a growth-oriented E&P company engaged in the acquisition, development and exploration of oil and natural gas properties and strategic petroleum concession areas.  The Company is already one of the largest oil and natural gas E&P companies in Paraguay, measured by acreage of its exploration blocks totaling approximately 20.5 million acres. Dahava plans to grow production and reserves through development and exploration activities on its existing properties and through acquisitions that meet its long-term objectives for production.

Contacts:

Dahava Petroleos
Joseph Goldstein, Chairman                      
+1-212-674-6666

Graham Ross-Andrews, Director
+44-7903-375-021