PetroTal Announces Dividend Declaration
Alberta and Houston, Texas--(Newsfile Corp. - February 14, 2024) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to announce a dividend declaration of USD$0.02/share payable on March 15, 2024 based on Q4 2023 results and January 2024 liquidity test. Q4 2023 dividend declaration. Based on the Company's current liquidity exceeding USD$60 million, PetroTal confirms that a cash dividend of USD$0.02 per common share will be declared and paid in Q1...
2024-02-14 2:00 AM EST
PetroTal Announces 2023 Year-End Oil Reserves
Alberta and Houston, Texas--(Newsfile Corp. - February 12, 2024) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to announce the results of its 2023 year-end reserve evaluation (the "NSAI Report") by Netherland, Sewell & Associates, Inc. ("NSAI") for the Bretana oil field, operated
2024-02-12 2:00 AM EST
PetroTal Announces 2024 Budget and Other Corporate Updates
Alberta and Houston, Texas--(Newsfile Corp. - January 22, 2024) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces its fully funded 2024 budget. All amounts are in US dollars unless otherwise stated. Key 2024 Budget and drilling highlights Average 2024 production and sales target of 17,000 barrels of oil per day ("bopd"), expected to grow 2
2024-01-22 2:00 AM EST
PetroTal Announces Q4 2023 Operations and Corporate Updates
Alberta and Houston, Texas--(Newsfile Corp. - January 10, 2024) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces the following operational, financial and corporate updates. All amounts are in US dollars unless stated otherwise. Q4 2023 Production PetroTal achieved average production of 14,865 barrels of oil per day ("bopd") in Q4 2023 and 14,248 bopd for the year 2023. During the month of December, due to improved river levels fro
2024-01-10 2:00 AM EST
PetroTal Announces PSU Share Issuance and Total Voting Rights
Alberta and Houston, Texas--(Newsfile Corp. - January 5, 2024) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces issuance of Common Shares to employees pursuant to annually vested performance share unit plan ("PSU"). PSU Issue PetroTal has issued an aggregate of 6,959,115 Common Shares to employees pursuant to the annual obligation to issue vested performance share units under the Company's performance and restricted share unit plan, as approved by...
2024-01-05 2:00 AM EST
PetroTal Announces Grant of Performance Share Units for Dividend Equivalents
Alberta and Houston, Texas--(Newsfile Corp. - December 18, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces the grant of performance share units ("PSUs") to employees and officers of the Company, in accordance with the Company's performance and restricted share unit plan. PSU Dividend Equivalents for Q4 2023 PetroTal's PSU plan ("PSU)" includes a value make whole provision to all PSU holders when dividends are issued to shareholders. The...
2023-12-18 2:00 AM EST
PetroTal Announces Third Annual ESG Sustainability Report and Drilling Commencement of Well 16H
Alberta and Houston, Texas--(Newsfile Corp. - November 30, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces the release of its 2022 ESG Sustainability Report, which has been posted on the Company's website (www.petrotal-corp.com). 2022 marked another significant step forward in terms of ESG reporting and standards achieved, aligning key projects with the UN Sustainable Development Goals ("SDG") and improving the quality of life for many...
2023-11-30 2:00 AM EST
PetroTal Announces Q3 2023 Financial and Operating Results
Alberta and Houston, Texas--(Newsfile Corp. - November 13, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to report its operating and financial results for the three and nine months ended September 30, 2023 ("Q3"). Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements and management's di
2023-11-13 2:00 AM EST
PetroTal Announces Q3 2023 Operations and Liquidity Update
Alberta and Houston, Texas--(Newsfile Corp. - October 16, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces the following operational and corporate updates. Q3 2023 Production PetroTal achieved production of 10,909 barrels of oil per day ("bopd") in Q3 2023 and is currently producing around 12,500 bopd. Production was lower than our guided 13,500 bopd as it was negatively impacted by lower than expected river levels that reduced barge...
2023-10-16 2:00 AM EDT
PetroTal Announces New Director
Alberta and Houston, Texas--(Newsfile Corp. - October 12, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to announce that Emily Morris has joined the PetroTal board of directors. Emily Morris Appointed to PetroTal's Board The Company welcomes Emily Morris, who was recently appointed to PetroTal's Board. Ms. Morris joins as an independent non-executive director, bringing over 20 years of experience in energy capital markets, M&A and ESG to...
2023-10-12 2:00 AM EDT
PetroTal Announces PSU Share Issuance and Total Voting Rights
Alberta and Houston, Texas--(Newsfile Corp. - September 29, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces issuance of Common Shares to employees pursuant to annually vested performance share unit plan ("PSU"). PSU Issue PetroTal has issued an aggregate of 752,833 Common Shares to employees pursuant to the annual obligation to issue vested performance share units under the Company's performance and restricted share unit plan, as approved...
2023-09-29 2:00 AM EDT
PetroTal Announces Corporate Updates and Dividend Confirmation
Alberta and Houston, Texas--(Newsfile Corp. - September 13, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to announce the following corporate updates. Dividend Payment Confirmation As announced on August 8, 2023, the Company is pleased to confirm that a total dividend payment of approximately $23 million, representing US$0.025/share, will be paid on September 15, 2023 to shareholders on record at August 31, 2023. This equates to a 4.3%...
2023-09-13 2:00 AM EDT
PetroTal Announces Q2 2023 Financial and Operating Results
Alberta and Houston, Texas--(Newsfile Corp. - August 8, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to report its operating and financial results for the three and six months ended June 30, 2023 ("Q2"). Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements and management's discussion and analysis ("MD&A") for th
2023-08-08 2:00 AM EDT
PetroTal Announces Record Production in Q2 2023, New Director and Other Updates
Alberta and Houston, Texas--(Newsfile Corp. - July 6, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to announce the following operational and corporate updates, including the appointment of Mr. Felipe Arbelaez Hoyos to PetroTal's Board as an independent non-executive director. Record Q2 2023 Production PetroTal achieved a record production of 19,031 barrels of oil per day ("bopd") in Q2 2023. This was underpinned by robust production...
2023-07-06 2:00 AM EDT
PetroTal Announces Voting Results of Shareholders' Meeting and Operational Updates
Alberta and Houston, Texas--(Newsfile Corp. - June 20, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to announce the following operational updates, voting results from the annual shareholder's meeting, director resignation and appointment of a new joint broker. Illegal River Blockade Removed On June 10, 2023, The Indigenous Association for Development and Conservation of Bajo Puinahua ("AIDECOBAP") removed the illegal river blockade that...
2023-06-20 2:00 AM EDT
PetroTal Announces Update to the AIDECOBAP Illegal River Blockade
Alberta and Houston, Texas--(Newsfile Corp. - June 9, 2023) - -PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces the following updates related to the illegal river blockade. Illegal River Blockade Update As of June 8, 2023, The Indigenous Association for Development and Conservation of Bajo Puinahua ("AIDECOBAP") seized and are holding two oil transport convoys. The first is an empty Brazilian convoy, with a crew of six and a total capacity of 70,000...
2023-06-09 2:00 AM EDT
PetroTal Announces AIDECOBAP Illegal River Blockade
Alberta and Houston, Texas--(Newsfile Corp. - June 8, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") announces an illegal and violent river blockade against vessels that provide services to PetroTal. Illegal River Blockade As of June 3, 2023, The Indigenous Association for Development and Conservation of Bajo Puinahua ("AIDECOBAP") has engaged in carrying out an illegal blockade in the Puinahua Canal against all ships providing services to the...
2023-06-08 2:00 AM EDT
PetroTal Announces Social Fund By-Laws Approved by Working Table Committee
Alberta and Houston, Texas--(Newsfile Corp. - May 30, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to report the technical working table committee for the 2.5% Block 95 community social trust fund ("social trust") has approved bylaws governing and regulating the social trust. This was a required follow up step from the March 9, 2023 announced publication of the Supreme Decree, signed by Peru's President authorizing Petroperu to execute...
2023-05-30 2:00 AM EDT
Commencement of Share Buyback and Dividend Timetable
Alberta and Houston, Texas--(Newsfile Corp. - May 16, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to announce the commencement of its previously announced share buyback plan, following approval by the Toronto Stock Exchange ("TSX") of its normal course issuer bid ("NCIB"). PetroTal further announces today that the Q1 2023 dividend of US$0.015/share will be paid on June 15, 2023. Q1 2023 Dividend Timetable PetroTal is pleased to confirm...
2023-05-16 2:00 AM EDT
PetroTal Announces Q1 2023 Financial and Operating Results
Alberta and Houston, Texas--(Newsfile Corp. - May 11, 2023) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to report its operating and financial results for the three months ("Q1") ended March 31, 2023. Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated fi
2023-05-11 2:00 AM EDT