Dahava Petroleos SAECA (in Process of Constitution & Registration) Announces Appointment of Brasilinvest Group as Advisor

ASUNCIÓN, Paraguay, August 13, 2012 /PRNewswire/ --

Dahava Petroleos is pleased to announce that Brasilinvest Group (http://www.brasilinvest.com.br) has been appointed a special advisor and Investment banker to Dahava Petroleos, with an emphasis on assisting in widening the Company's investor base and partners.

Brasilinvest Group, created in 1975 by businessman Mario Garnero, is Brazil's foremost merchant bank with a net worth in excess of US$ 1.3 billion. Brasilinvest Group has attracted investments in the range of US$ 16 billion to Brazil and is currently managing a US$ 6 billion portfolio of projects. The Brasilinvest Group has a significant international profile, with partners in 20 countries and prominent representatives from all around the world on its Board of Advisors.

Brasilinvest Group has recently established its Oil & Gas division (Brasilinvest Oil, Gas and Biofuels) which is now under the leadership of Paulo Roberto Costa, former director of Petrobras and one of the most influential authorities on the sector in Latin America.

Dahava Chairman, Joseph Goldstein said, "We are very pleased to be working with Brasilinvest Group which bring years of experience of developing major projects in South America and an unparalleled range of contacts Worldwide."

Dahava Petroleos has already retained London based investment bank Strand Hanson (http://www.strandhanson.co.uk) and Valores SA of Paraguay (http://www.valores.com.py) and we are confident that with the addition of Brasilinvest Group as part of our international team, it will accelerate the project development very significantly.

Brasilinvest Group Chairman, Mario Garnero said, "Dahava Petroleos is poised to develop a major oil and gas hydrocarbon basin which we expect will bring large benefits to Paraguay and to the region. We are pleased to take part in this venture which will lead to new regional player in the near future. Brasilinvest Group is renowned for it is expertise in significant projects as this, and we are confident that our expertise will greatly assist this endeavor to its successful objective."

For further information:

Joseph Goldstein
Chairman
Dahava Petroleos
Phone: +1-718-938-4073

Mario Garnero  
Chairman, Brasilinvest Group

Sérgio Matos,
Director of Projects, Brasilinvest Group
Phone: +55-11-30947979

Rosa Elena Di Martino PhD
Di Martino Legal Counselors
Legal Advisors to Dahava Petroleos
Phone: +595-985-219-211

Francisco Sánchez Rodas
Controller
Phone +595-21-661-952