PetroTal Announces TR-1 Notification of a New Major Shareholder - Fidelity International
Alberta and Houston, Texas--(Newsfile Corp. - January 27, 2022) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") advises that it has received a TR-1 Standard form for notification of major holdings from Fidelity International dated January 26, 2022. As indicated in the TR-1 form, as at January 24, 2022, Fidelity International held 42,315,097 shares of PetroTal representing approximately 5.1% total ownership. Based on 830,942,270 common shares outstanding,...
2022-01-27 2:00 AM EST
PetroTal Commences Trading on the OTCQX Market in the United States
Alberta and Houston, Texas--(Newsfile Corp. - January 19, 2022) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) and (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to announce that is has upgraded from the Pink market to the OTCQX Best Market in the U.S. under the ticker symbol PTALF. U.S. investors can now find current disclosures and Real-Time Level 2 quotes for the Company on the OTC Markets website. The OTCQX Best Market provides investors with a premium U.S. public market and is the...
2022-01-19 9:30 AM EST
PetroTal Provides Q4 and Year-End 2021 Operations and Liquidity Update
Alberta and Houston, Texas--(Newsfile Corp. - January 17, 2022) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") is pleased to provide the following updates: Key Highlights Q4 2021 production averaged 10,147 bopd, constrained by temporary oil delivery disruptions; Oil production for 2021 was 8,966 bopd, up 58% from 5,675 bopd for 2020; Wells 9H and 8H continue to perform significantly above internal expectations, with average production rates over the...
2022-01-17 2:00 AM EST
PetroTal Provides Operational Update; Oil Production Reaches 20,000 bopd
Alberta and Houston, Texas--(Newsfile Corp. - December 16, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") is pleased to provide the following updates: Achieved 20,000 bopd Production Level PetroTal has achieved a trailing 5-day unconstrained production rate ending December 15, 2021, of approximately 20,200 barrels of oil per day ("bopd"). With wells 8H and 9H producing over 6,300 bopd and 8,200 bopd respectively, PetroTal was able to achieve its...
2021-12-16 2:00 AM EST
PetroTal Announces Grant of Performance Share Units
Alberta and Houston, Texas--(Newsfile Corp. - December 10, 2021) - PetroTal Corp. ("PetroTal" or the "Company") announces the annual grant of performance share units ("PSUs") to officers and employees of the Company. The Company has granted an aggregate of 10,030,262 PSUs, of which 6,467,416 are to officers of the Company ("Officers") in accordance with the provisions of the Company's PSU plan. The PSUs issued to Officers will vest three years from the date of grant and each PSU will entitle...
2021-12-10 2:00 AM EST
PetroTal Announces a Peaceful Resolution to the Protest Near PetroTal's Loading Dock
Alberta and Houston, Texas--(Newsfile Corp. - December 6, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") is pleased to provide the following update: End of Social Protests at PetroTal's Loading Dock Following recent announcements, PetroTal is pleased to announce an end to the social protests near PetroTal's oil loading facility. PetroTal's recently announced social initiatives contributed to the peaceful resolution. Barges from Brazil are on...
2021-12-06 2:00 AM EST
PetroTal Advises of Strong Earthquake in Northern Peru
Alberta and Houston, Texas--(Newsfile Corp. - November 29, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") advises that a 7.5 magnitude earthquake hit northern Peru early Sunday November 28, 2021, with the epicenter approximately 98km from the town of Santa Maria de Nieva and 400km from Bretana. PetroTal's production facilities were not damaged, and the Company reported no injuries related to the earthquake. Earthquakes are relatively common in...
2021-11-29 2:00 AM EST
PetroTal Advises of Gran Tierra Share Ownership Reduction
Alberta and Houston, Texas--(Newsfile Corp. - November 26, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") advises that, as announced by Gran Tierra Energy Inc. ("GTEI") on November 26, 2021, Gran Tierra Resources Limited ("GTRL") has sold an aggregate of 137,093,750 common shares in the Company, ("Common Shares") representing all shares owned by GTEI. The Company understands that multiple entities purchased the Common Shares sold by GTRL....
2021-11-26 9:25 AM EST
PetroTal Advises of Social Disruption Impacting Bretana Operations
Alberta and Houston, Texas--(Newsfile Corp. - November 24, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") advises of community social disruption that is impacting the Company's operations in the Bretana oil field. The social unrest situation evolved quickly near the barge loading area of the field. The oil field remains safe and producing; however, protestors are currently blocking access to the dock, preventing the Company from loading oil...
2021-11-24 2:00 AM EST
PetroTal Announces Q3 2021 Financial and Operating Results
Alberta and Houston, Texas--(Newsfile Corp. - November 18, 2021) - PetroTal Corp. ("PetroTal" or the "Company") (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) is pleased to announce its financial and operating results for the nine and three months ("Q3") ended September 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...
2021-11-18 2:00 AM EST
PetroTal Announces Exercise of Investor Warrants and Total Voting Rights
Alberta and Houston, Texas--(Newsfile Corp. - October 26, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTC Pink: PTALF) ("PetroTal" or the "Company") announces that it received a notice to exercise 2,352,941 Investor Warrants over 2,352,941 Common Shares at a price of 16 pence per Common Share from an investor in relation to the Investor Warrants issued as part of the fundraising announced by the Company on June 12, 2020. Accordingly, PetroTal has received £376,420 for the warrant...
2021-10-26 2:00 AM EDT
PetroTal Issues Equity Vested Through PSU Plan and TVR
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...
2021-10-15 9:34 AM EDT
PetroTal Announces Q3 2021 Operations and Liquidity Update
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...
2021-10-13 2:00 AM EDT
PetroTal Announces Exercise of Investor and Performance Warrants and Total Voting Rights
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
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 of...
2021-10-05 2:00 AM EDT
PetroTal Announces Drilling Commencement of Well BN-9H and Continued Robust Field Production over 15,000 bopd
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 commencement PetroTal recently...
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
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 bopd PetroTal 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...
2021-09-15 2:00 AM EDT
PetroTal Announces Q2 2021 Financial and Operating Results
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")...
2021-08-26 2:00 AM EDT
PetroTal Announces Q2 2021 Operations Update
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...
2021-07-20 2:00 AM EDT
PetroTal Announces Q1 2021 Financial and Operating Results
Alberta and Houston, Texas--(Newsfile Corp. - May 31, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce its financial and operating results for the three months ("Q1") ended March 31, 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"), management's discussion and analysis ("MD&A") for the quarter ended...
2021-05-31 7:00 PM EDT