PetroTal Corp.

PetroTal Corp. announces a procedural update to its normal course issuer bid . Further to the NCIB renewal announcement on May 22, 2024, Common Shares purchased under PetroTal's NCIB will either be cancelled or, where appropriate, temporarily held in treasury to satisfy employee share awards. All other details of the NCIB remain unchanged from the renewal announcement on May 22, 2024. ABOUT PETROTAL PetroTal is a publicly [...]

PetroTal Corp. is pleased to report its operating and financial results for the three months and year ended December 31, 2024. All amounts herein are in United States dollars unless stated otherwise. Key Highlights Average Q4 2024 sales and production of 19,087 and 19,142 barrels of oil per day , respectively, including volumes from the acquisition of Block 131, which closed in late November; Average FY 2024 sales and [...]

PetroTal Corp. is pleased to announce the results of its 2024 year-end reserve evaluation by Netherland, Sewell & Associates, Inc. . All currency amounts are in United States dollars unless otherwise stated. Highlights: 1P and 2P reserves of 67.1 million barrels of oil and 113.7 mmbbls, respectively; Replaced 293% and 208% of 1P and 2P reserves, respectively; PDP reserve value per share increased 68% year-on-year, to [...]

USD $0.015/share dividend payable March 14, 2025 PetroTal Corp. is pleased to announce that its Board of Directors has declared a cash dividend of USD $0.015 per common share for the first quarter of 2025. The Q1 2025 dividend is based on Q4 2024 financial results and will be paid according to the following timetable: Ex-Dividend date : February 27, 2025 Ex-Dividend date : February 28, 2025 Record date: February 28, 2025 [...]

PetroTal Corp. is pleased to provide the following 2025 guidance update. All amounts are in US dollars unless stated otherwise. 2025 Guidance Target average 2025 production and sales of 21,000 - 23,000 barrels of oil per day , a ~24% increase on 2024 Capital investment of $140 million, a decrease of approximately 14% on 2024 Target annual EBITDA of $240 - 250 million at $75.00 Brent, net of $30 million expensed for [...]

PetroTal Corp. is pleased to provide the following operational and financial updates. All amounts are in US dollars unless stated otherwise. Key Highlights PetroTal corporate production averaged approximately 19,150 bopd in Q4 2024, including volumes from the recently acquired Block 131 Bretana Q4 2024 production averaged 18,938 barrels of oil per day , a 27% increase on Q4 2023 Bretana 2024 annual production averaged [...]

PetroTal Corp. is pleased to confirm its Q4 2024 dividend payment, along with the grant of performance share units to employees and officers of the Company, in accordance with the Company's performance and restricted share unit plan. Q4 2024 Dividend Payment As previously announced on November 14, 2024, the Company confirms that a dividend payment of US$0.015/share was paid on December 13, 2024 to shareholders on record [...]

PetroTal Corp. is pleased to announce that it has closed the acquisition of a 100% working interest in Peru's Block 131, as originally disclosed on May 8, 2024, pursuant to which the Company acquired all of the issued and outstanding shares of CEPSA Peruana, S.A.C. , which represents the entire Peruvian business unit of Compañía Española de Petróleos S.A. . Manuel Pablo Zúñiga-Pflücker, President and Chief Executive [...]

PetroTal Corp. would like to issue the following correction to its dividend payment timetable, as originally released under the headline "PetroTal Announces Q3 2024 Financial and Operating Results" on November 14, 2024. In that release, the Ex-Dividend date was mistakenly disclosed as November 28, 2024. However, for companies where the TSX is the primary listing exchange, the Ex-Dividend date and the Record date fall on [...]

Q3 2024 average sales and production of 14,760 bopd and 15,203 bopd, respectively Generated Q3 2024 EBITDA of $47.5 million Exited the quarter with $133 million in total cash Declaring dividend of $0.015/share payable December 13, 2024 PetroTal Corp. is pleased to report its operating and financial results for the three and nine months ended September 30, 2024. Selected financial and operational information is outlined [...]