PetroTal Corp.

PetroTal updates on 2022 hedging, and social initiatives PetroTal Corp. is pleased to announce the 30-day initial production rate of over 7,700 barrels of oil per day for well BN-8H . All amounts herein are in United States dollars 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 operation, with the most recent [...]

PetroTal Corp. is pleased to announce it has commenced drilling development well BN-9H , the Company's next horizontal well, and continued robust field production in excess of 15,000 barrels of oil per day . All amounts herein are in United States dollars unless otherwise stated. Well 9H drilling commencement PetroTal recently commenced drilling the 9H well, PetroTal's fifth horizontal well drilled by the Company, and the [...]

PetroTal Corp. has completed the BN-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 over a ten-day period. Selected highlights are as follows: Initial 8H production rates of [...]

Bretana oil field production surpasses 2019 highwater mark PetroTal Corp. has completed the BN-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 over a ten-day period. Selected [...]

PetroTal completes 8th producing well, increases water disposal capacity, and outperforms Q2 2021 production guidance under restricted flow conditions PetroTal Corp. is pleased to announce its financial and operating results for the six and three months 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 [...]

PetroTal is pleased to announce the following operational update for Q2 2021. All currency amounts are in United States dollars. Highlights: Q2 2021 production averaged 8,825 barrels of oil per day which was 2% higher than guidance of 8,655 bopd; PetroTal completed its second water disposal well, thereby potentially doubling its produced formation water disposal capacity to approximately 100,000 barrels of water per day [...]

PetroTal secures liquidity, improves risk management position, and advances offtake optionality prior to executing an operationally focused and pivotal development plan PetroTal Corp. is pleased to announce its financial and operating results for the three months ended March 31, 2021. Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited [...]

7D well completed, currently flowing at 4,550 bopd; Management Change Announcement, Q1 2021 reporting and AGM dates PetroTal Corp. is pleased to announce the following operational and corporate update. All currency amounts are in United States dollars , 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 [...]

PetroTal emerges stronger after a collapse in world oil prices and the COVID-19 pandemic PetroTal Corp. is pleased to announce its financial and operating results for the year and the three months 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 , management's discussion and [...]

Remaining 1.4 million barrels of oil in the ONP now hedged by Petroperu Additional 622,000 barrels hedged by PetroTal PetroTal maintains low cash flow exposure from Peruvian currency fluctuations PetroTal Corp. is pleased to announce the following risk management update. All currency amounts are in United States dollars , unless otherwise stated. Highlights: Further to the Company's press release dated March 31, 2021, the [...]