PetroTal Corp.

Q4 2023 average sales and production of 15,033 bopd and 14,865 bopd, respectively 2023 average year on year production growth of 17% to 14,248 bopd Generated 2023 free funds flow of $91 million Returned over $61 million through dividends and share buybacks in 2023 2023 Return on Capital Employed of 30% PetroTal Corp. is pleased to report its operating and audited financial results for the three and twelve months ended [...]

Dividend of $18.4 million paid to shareholders on March 15, 2024 PetroTal Corp. announces 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 2023 dividend declaration and PSU Dividend Equivalents. As announced on February 13, 2024, the Company is pleased to confirm that a total dividend payment of approximately [...]

USD$0.02/share dividend payable March 15, 2024 PetroTal Corp. 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. This [...]

2P reserves value per share of USD$1.80 2P estimated ultimate recovery now over 117 million barrels 1P and 2P reserves replacement ratios of 150% and 167%, respectively 1P and 2P reserve increases of 6% and 4%, respectively 2P reserve life of 19 years 2P after tax NPV-10 value increased 9% since year-end 2022 to more than USD$1.6 billion PetroTal Corp. is pleased to announce the results of its 2023 year-end reserve [...]

2024 production / sales expected to average 17,000 bopd, 20% year on year increase Forecast funds flow and free funds flow of $160 million and $25 million, respectively Targeting a ~12% return from dividends and buybacks prior to liquidity sweeps Initial 7 day production rate for well 16H of 7,500 bopd PetroTal Corp. announces its fully funded 2024 budget. All amounts are in US dollars unless otherwise stated. Key 2024 [...]

Quarterly average production of 14,865 bopd in Q4 2023 2023 average production of 14,248 bopd December 2023 average production of 20,090 bopd Unrestricted cash liquidity of $90 million as at December 31, 2023 PetroTal Corp. 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 [...]

PetroTal Corp. announces issuance of Common Shares to employees pursuant to annually vested performance share unit plan . 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 the TSX Venture Exchange on December 12, 2019. Shares issued to [...]

Dividend of $18.4 million paid to shareholders on December 15, 2023 PetroTal Corp. announces 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. PSU Dividend Equivalents for Q4 2023 PetroTal's PSU plan " includes a value make whole provision to all PSU holders when dividends are issued to shareholders. The dividend [...]

Scope 1 emissions of 6.96 kg CO2eq/bbl Material carbon offset project evaluations initiated PetroTal Corp. announces the release of its 2022 ESG Sustainability Report, which has been posted on the Company's website . 2022 marked another significant step forward in terms of ESG reporting and standards achieved, aligning key projects with the UN Sustainable Development Goals and improving the quality of life for many [...]

Q3 2023 average sales and production of 11,553 bopd and 10,909 bopd respectively Q3 2023 unrestricted cash of $94 million OCP sales pilot commencing shortly with support from Ecuadorian government US$0.02 per share dividend to be paid December 15, 2023 PetroTal Corp. is pleased to report its operating and financial results for the three and nine months ended September 30, 2023 . Selected financial and operational [...]