PetroTal Corp.

PetroTal Corp. announces that all resolutions were duly passed by Shareholders at the Company's Annual General and Special Meeting held on September 9, 2020. Resolution 9 related to authorizing the Board of Directors, at its discretion, to proceed with a potential consolidation of the Common Shares on the basis of a ratio of between four and eight pre-consolidation Common Shares for each one post-consolidation Common [...]

Peruvian government announces Supreme Decree to increase funding to communities PetroTal Corp. expects and is ready to reopen the Bretana oil field as soon as the ongoing discussions between the communities and the Government of Peru have been ratified, which is expected in the next few days as reported by Government officials. PetroTal commends the efforts of all parties to reach a negotiated settlement that will [...]

Swift and effective cost reductions delivered savings that offset the oil field being shut in for most of Q2 2020, resulting in being operationally cash flow positive PetroTal Corp. is pleased to announce its financial and operating results for the six and three months ended June 30, 2020 . Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited [...]

To Focus on the Team's Safety, only Key PetroTal Personnel Remain on Location to Restart Operations when Appropriate PetroTal Corp. advises that as a preemptive measure it has shut down the Bretana Oil Field due to civil unrest outside the oil field camp. The civil unrest has been conducted by the same group that the prior week took over Petroperu's Pump Station No.5 at Saramiriza seeking Government assistance against the [...]

Virtual Meeting to be Held on September 9, 2020 PetroTal Corp. is pleased to announce that a management information circular and other materials in respect of its annual general and special meeting of holders of its common shares have been filed on the Company's profile on SEDAR at www.sedar.com. The Meeting will be held solely by means of remote communication by webcast at http://www.gowebcasting.com/10771 and by [...]

One-on-one meetings available with executive management in the oil and gas industry Virtual attendance open to registrants globally EnerCom, Inc. is pleased to announce that the schedule for The Oil & Gas Conference® is now available on the conference's website. For the 25th consecutive year, EnerCom is proud to host three days of the energy industry's leading companies. Attendees will have the opportunity to listen to [...]

Initial production rates of over 12,000 bopd PetroTal Corp. is pleased to provide an update on operations at the Bretana oil field which, as previously indicated, recommenced in mid-July. Highlights PetroTal has implemented stringent testing measures and modified operating procedures to ensure the safety of its workers; The Bretana field restarted operations on July 15th, 2020 and production has returned to pre-shutdown [...]

Average Q1 2020 oil production of 9,686 bopd PetroTal Corp. is pleased to announce its financial and operating results for the three months ended March 31, 2020 . Selected financial, reserves 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 for Q1 2020, which are available on SEDAR at [...]

PetroTal Corp. advises that its unaudited consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2020 will be released on July 9, 2020. This is in accordance with the exemption provided in Alberta Securities Commission Blanket Order 51-517 Temporary Exemption from Certain Corporate Finance Requirements . Until the Company has filed the Interim Filings, members of [...]

Meridian Capital International Fund announced that on June 18, 2020 it acquired 75,000,000 units of PetroTal Corp. by way of a private placement at a price of 10p per unit, for total consideration of £7,500,000 . Each unit consists of one common share of PetroTal and one half of one warrant. Each whole warrant can be exercised to acquire one PetroTal common share for 16p until the third anniversary of their issuance. The [...]