La Cortez Energy Announces Upcoming Participation in Rodman & Renshaw Conference

BOGOTA, Colombia, September 2, 2010 - La Cortez Energy, Inc. ("La Cortez" or the "Company") (OTCBB: LCTZ), an
early stage oil and gas exploration and production company currently pursuing
business in Colombia, is pleased to announce that Mr. Andres Gutierrez
Rivera, President and Chief Executive Officer, will be presenting at the
Rodman & Renshaw Annual Global Investment Conference, taking place at the New
York Palace Hotel on Wednesday, September 15th, at 08:20 AM Eastern Time, in
the Holmes 1 Salon, 4th floor.

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About La Cortez Energy, Inc.

La Cortez Energy, Inc. is an early stage oil and gas exploration and
production company currently pursuing a business strategy in the energy
sector in South America, with an initial focus on identifying oil and gas
exploration and production opportunities in Colombia. To that end, the
Company has established a branch, La Cortez Energy Colombia, Inc., with
offices in Bogotá, Colombia, and has signed a Joint Operating Agreement for a
50% working interest in the Putumayo 4 block and a Joint Venture agreement
for a 20% working interest in the Maranta block and recently acquired the
interests of Avante Colombia in the Rio de Oro and the Puerto Barco fields,
all in Colombia.

Forward-Looking Statements

Certain statements in this news release are forward-looking within the
meaning of the Private Securities Litigation Reform Act of 1995.These
statements are subject to risks and uncertainties. Words such as "expects,"
"intends," "plans," "may," "could," "should," "anticipates," "likely,"
"believes" and words of similar import also identify forward-looking
statements. Forward-looking statements are based on current facts and
analyses and other information that are based on forecasts of future results,
estimates of amounts not yet determined and assumptions of management. There
can be no assurance that the Putumayo 4, Maranta and Rio de Oro and Puerto
Barco projects will be successfully developed. Actual results may differ
materially from those currently anticipated due to a number of factors beyond
the reasonable control of the Company, including, but not limited to, the
Company's ability to identify corporate acquisition and/or joint venture
opportunities in the energy sector in Colombia, Peru and Brazil and, more
generally, in Latin America, and to establish the technical and managerial
infrastructure, and to raise the required capital, to take advantage of, and
successfully participate in such opportunities, future economic conditions,
political stability and energy prices. Additional information on risks and
other factors that may affect the business and financial results of the
Company can be found in filings of the Company with the U.S. Securities and
Exchange Commission.

www.lacortezenergy.com

Investor Relations, +1-256-438-5430, info at lacortezenergy.com