Emily Morris to join PetroTal's board of directors PetroTal Corp. is pleased to announce that Emily Morris has joined the PetroTal board of directors. Emily Morris Appointed to PetroTal's Board The Company welcomes Emily Morris, who was recently appointed to PetroTal's Board. Ms. Morris joins as an independent non-executive director, bringing over 20 years of experience in energy capital markets, M&A and ESG to the Board [...]
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 752,833 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 [...]
PetroTal Corp. is pleased to announce the following corporate updates. Dividend Payment Confirmation As announced on August 8, 2023, the Company is pleased to confirm that a total dividend payment of approximately $23 million, representing US$0.025/share, will be paid on September 15, 2023 to shareholders on record at August 31, 2023. This equates to a 4.3% quarterly yield based on the current US$0.58/share trading price [...]
Record Q2 2023 production of 19,031 bopd Record Q2 2023 sales of 18,483 bopd 60 days of production above 20,000 bopd in Q2 2023 and a quarter exit rate of 21,700 bopd PetroTal Corp. is pleased to report its operating and financial results for the three and six months ended June 30, 2023 . Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited [...]
Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website www.enercomdenver.com - Presenting Companies Continue to be Added Investor One-on-One Meeting Requests for All Companies Now Open for Institutional Investors, Portfolio Managers, Financial Analysts, CIOs, and Other Investment Industry Professionals Investors, Analysts, and Energy Industry Professionals Can Still Register [...]
Investors, Analysts, and Energy Industry Professionals Can Still Register to Attend EnerCom Denver - The Energy Investment Conference at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver EnerCom, Inc. announced today that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for [...]
Record quarterly production of 19,031 bopd in Q2 2023 The Company welcomes Mr. Felipe Arbelaez Hoyos as an independent director PetroTal Corp. is pleased to announce the following operational and corporate updates, including the appointment of Mr. Felipe Arbelaez Hoyos to PetroTal's Board as an independent non-executive director. Record Q2 2023 Production PetroTal achieved a record production of 19,031 barrels of oil per [...]
Illegal River Blockade Lifted and Oil Production at 22,000 bopd PetroTal Corp. is pleased to announce the following operational updates, voting results from the annual shareholder's meeting, director resignation and appointment of a new joint broker. Illegal River Blockade Removed On June 10, 2023, The Indigenous Association for Development and Conservation of Bajo Puinahua removed the illegal river blockade that [...]
A. Alshinbayev reports a change in his ownership of securities of PetroTal Corp. . On May 29, 2023, Meridian Capital International Fund transferred its 37,500,000 common share purchase warrants of PetroTal to YF Finance Limited for the aggregate purchase price of US$14,263,733.65 pursuant to a private agreement . The Warrants are exercisable at the discretion of the holder to acquire 37,500,00 common shares of PetroTal at [...]
-PetroTal Corp. announces the following updates related to the illegal river blockade. Illegal River Blockade Update As of June 8, 2023, The Indigenous Association for Development and Conservation of Bajo Puinahua seized and are holding two oil transport convoys. The first is an empty Brazilian convoy, with a crew of six and a total capacity of 70,000 barrels of oil that was traveling to the Bretana field. The second was [...]
PetroTal urges a peaceful and immediate end to demonstrations Field production slowdown coincides with planned infrastructure tie-ins PetroTal Corp. announces an illegal and violent river blockade against vessels that provide services to PetroTal. Illegal River Blockade As of June 3, 2023, The Indigenous Association for Development and Conservation of Bajo Puinahua has engaged in carrying out an illegal blockade in the [...]
Community social fund, led by PetroTal, achieves next step in formalization process Redistribution of the Canon to Loreto increased by approximately six times PetroTal Corp. is pleased to report the technical working table committee for the 2.5% Block 95 community social trust fund has approved bylaws governing and regulating the social trust. This was a required follow up step from the March 9, 2023 announced publication [...]