PetroTal Corp.

Recent News

  • PetroTal Issues Equity Vested Through PSU Plan and TVR

    Calgary, Alberta and Houston, Texas--(Newsfile Corp. - October 15, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") announces that the Company has issued an aggregate of 3,103,716 Common Shares to employees (including 1,645,267 shares to a person discharging managerial responsibilities ("PDMR's") pursuant to the obligation to annually issue vested performance share units ("PSUs")) to acquire Common Shares under the Company's performance and restricted share unit plan, as approved by the TSX Venture Exchange...

    2021-10-15 9:34 AM EDT
  • PetroTal Announces Q3 2021 Operations and Liquidity Update

    Calgary, Alberta and Houston, Texas--(Newsfile Corp. - October 13, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") announces an operations and liquidity update for Q3 2021, and updates on the ongoing community protests at pump station 5. All amounts herein are in United States dollars ("USD") unless otherwise stated.Highlights:Q3 2021 production averaged 9,508 barrels of oil per day ("bopd"), within 2% of previous guidance;Q3 2021 exit production (last 7 day average in...

    2021-10-13 2:00 AM EDT
  • PetroTal Announces Exercise of Investor and Performance Warrants and Total Voting Rights

    Calgary, Alberta and Houston, Texas--(Newsfile Corp. - October 8, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") announces that it received a notice to exercise 1,000,000 Investor Warrants over 1,000,000 Common Shares at a price of 16 pence per Common Share from an investor in relation to the Investor Warrants issued on June 12, 2020 as part of the fundraising announced on June 12, 2020. In addition, PetroTal received notice to exercise 668,650...

    2021-10-08 2:00 AM EDT
  • PetroTal Announces the 30 Day Initial Production Rate for Well 8H at over 7,700 bopd

    Calgary, Alberta and Houston, Texas--(Newsfile Corp. - October 5, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") is pleased to announce the 30-day initial production rate of over 7,700 barrels of oil per day ("bopd") for well BN-8H ("8H"). All amounts herein are in United States dollars ("USD") unless otherwise stated.Significant 30 day initial production rate for well 8H Well 8H delivered over 7,700 bopd average production during its first 30 days...

    2021-10-05 2:00 AM EDT
  • PetroTal Announces Drilling Commencement of Well BN-9H and Continued Robust Field Production over 15,000 bopd

    Calgary, Alberta and Houston, Texas--(Newsfile Corp. - September 29, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") is pleased to announce it has commenced drilling development well BN-9H ("9H"), the Company's next horizontal well, and continued robust field production in excess of 15,000 barrels of oil per day ("bopd"). All amounts herein are in United States dollars ("USD") unless otherwise stated.Well 9H drilling commencementPetroTal recently commenced drilling the 9H well, PetroTal's fifth...

    2021-09-29 2:00 AM EDT
  • PetroTal Announces Completion of 8H Horizontal Well with Record Production of Nearly 8,000 Barrels of Oil per Day

    Calgary, Alberta and Houston, Texas--(Newsfile Corp. - September 15, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") has completed the BN-8H ("8H") well, PetroTal's fourth horizontal well in the Bretana oil field.Bretana field achieves record production of approximately 15,400 bopdPetroTal commenced production of its fourth horizontal well 8H on September 4, 2021 with unrestricted flow rates of approximately 7,600 barrels of oil per day ("bopd") over a ten-day period. Selected highlights are...

    2021-09-15 2:00 AM EDT
  • PetroTal Announces Q2 2021 Financial and Operating Results

    Calgary, Alberta and Houston, Texas--(Newsfile Corp. - August 26, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce its financial and operating results for the six ("H1") and three months ("Q2") ended June 30, 2021.Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements ("Financial Statements"), and management's discussion and analysis ("MD&A") for Q2 2021, which are available on SEDAR at www.sedar.com...

    2021-08-26 2:00 AM EDT
  • PetroTal Announces Q2 2021 Operations Update

    Calgary, Alberta and Houston, Texas--(Newsfile Corp. - July 20, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce the following operational update for Q2 2021. All currency amounts are in United States dollars (unless otherwise stated).Highlights:Q2 2021 production averaged 8,825 barrels of oil per day ("bopd") which was 2% higher than guidance of 8,655 bopd;PetroTal completed its second water disposal well ("3WD"), thereby potentially doubling its produced formation water disposal capacity to...

    2021-07-20 2:00 AM EDT