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
PetroTal Provides an Operational and Corporate Update
Alberta and Houston, Texas--(Newsfile Corp. - May 12, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce the following operational and corporate update. All currency amounts are in United States dollars ("USD"), unless otherwise stated. Highlights The 7D well has been successfully drilled and completed, flowing at an initial rate of approximately 3,700 barrels of oil per day (bopd) during its first 10 days of production, and has averaged...
2021-05-12 2:00 AM EDT
PetroTal Announces 2020 Year-End Financial and Operating Results
Alberta and Houston, Texas--(Newsfile Corp. - April 22, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce its financial and operating results for the year and the three months ("Q4") ended December 31, 2020. Selected financial, reserves and operational information is outlined below and should be read in conjunction with the Company's audited consolidated financial statements ("Financial Statements"), management's discussion and analysis...
2021-04-22 2:00 AM EDT
PetroTal Provides Risk Management Update
Alberta and Houston, Texas--(Newsfile Corp. - April 20, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce the following risk management update. All currency amounts are in United States dollars ("USD"), unless otherwise stated. Highlights: Further to the Company's press release dated March 31, 2021, the remaining 1.4 million barrels of oil in the North Peruvian Pipeline ("ONP") have now been hedged by Petro
2021-04-20 2:00 AM EDT
PetroTal Announces Q1 2021 Operations Update
Alberta and Houston, Texas--(Newsfile Corp. - April 7, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce the following operational update for Q1 2021. All currency amounts are in United States dollars (unless otherwise stated). Highlights: PetroTal has commenced its 2021 drilling program by spudding the first well ("7D") on March 29, 2021, with expected completion the first week of May 2021; Successfully completed the workover of well 4H on...
2021-04-07 2:00 AM EDT
PetroTal Announces Oil Sales and Risk Management Update
Alberta and Houston, Texas--(Newsfile Corp. - March 31, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce the second export of Bretana crude oil into the Atlantic region through Brazil and the execution of crude oil price derivative contracts. All currency amounts are in United States dollars (unless otherwise stated). Highlights: PetroTal has completed the initial implementation of its oil price hedging program for 2021. Approximately 590,000...
2021-03-31 2:00 AM EDT