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Gulf United Energy Gets Further Colombia Interest

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August 20, 2012

Gulf United Energy, Inc. (GLFE), an independent energy company with interests in oil and natural gas properties located in Colombia and Peru, has filed a Current Report on Form 8-K with the Securities and Exchange Commission to report that it has acquired from SK Innovation Ltd. an undivided fifty percent (50%) participation interest in Block VIM-2, a 148,513-acre block in the Lower Magdalena Valley in northwest Colombia. SK operates the block.

"We are pleased to add this adjacent acreage to our block SSJN-5 with SK, bringing Gulf United's gross land ...

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