PetroTal Corp. is pleased to provide the following operational and financial update. All amounts are in US dollars unless stated otherwise. Key Highlights Q3 production averages 15,160 barrels of oil per day , a 39% increase on Q3 2023 2024 annual production on track to meet top end of guidance range Total cash of $133 million as of September 30, 2024, an 18% increase on Q3 2023 Well 20H achieves initial production rates [...]
PetroTal Corp. is pleased to confirm its Q3 2024 dividend payment, along with 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. Q3 2024 Dividend Payment As previously announced on August 8, 2024, the Company confirms that a dividend payment of US$0.015/share was paid on September 13, 2024 to shareholders on record as [...]
Mr. Askar Alshinbayev reports that, on August 29, 2024, he transferred ownership and control of 182,000,000 common shares of PetroTal Corp. to Blue Harbour Capital Fund I OFC, acting on behalf of Blue Harbour Capital Securities Fund I . The transfer was privately arranged and did not take place through the facilities of any stock exchange or any other marketplace. The aggregate consideration received by AA for the [...]
Well 20H to be completed in the Vivian 1 and Vivian 2 sands Updated corporate presentation available on website PetroTal Corp. is pleased to announce the following operational update. Well 20H Drilling Update and Upper Vivian Sand Test As disclosed previously with the Q2 2024 results on August 8, PetroTal commenced drilling Well 20H at the Bretaña field on July 26, 2024. The 20H well has allowed for the evaluation and [...]
Q2 2024 average sales and production of 18,050 bopd and 18,290 bopd, respectively Generated Q2 2024 free funds flow of $36 million Exited quarter with $96 million in total cash Declaring dividend of $0.015/share payable Sept 13, 2024 Board changes PetroTal Corp. is pleased to report its operating and financial results for the three and six months ended June 30, 2024. Selected financial and operational information is [...]
Q2 production average of 18,290 bopd Exit June 2024 with total cash of $96 million Well 19H achieves initial production rates over 8,500 bopd PetroTal has now produced over 20 million barrels of oil since inception PetroTal Corp. is pleased to announce the following operational, financial and corporate updates. All amounts are in US dollars unless stated otherwise. Q2 2024 Production PetroTal achieved an average [...]
EnerCom is accepting applications from start-up companies focused on innovation in alternative energy, advanced oil and gas technology, environmental sustainability and carbon solutions to participate in The Energy Transition and Emerging Technology Session Registration for institutional investors, portfolio managers, financial analysts, CIOs, and others in the investment community is free EnerCom, Inc. is pleased to [...]
PetroTal Corp. is pleased to announce that all resolutions at the annual general meeting of shareholders held on June 19, 2024 , have been fully authorized and approved. A total of 211,361,360 common shares representing approximately 23.09% of PetroTal's issued and outstanding common shares, were represented at the Meeting. The shareholders approved the setting of the number of directors to be elected at the Meeting at [...]
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. Q1 2024 dividend declaration and PSU Dividend Equivalents. As announced on May 9, 2024, the Company is pleased to confirm that a total dividend payment of approximately US$13.7 million, representing US$0.015/share, was paid on June 14, 2024 to [...]
EnerCom Denver conference will kick off with the annual Charity Golf Tournament on Sunday, August 18th sponsored by conference Global Sponsor Netherland, Sewell & Associates Registration for institutional investors, portfolio managers, financial analysts, CIOs, and others in the investment community is free Limited presentation opportunities are available for E&P, Midstream, OFS, and Energy Transition companies EnerCom [...]
PetroTal Corp. is pleased to announce leadership team enhancements, the renewal of its normal course issuer bid of approximately US$3 million per quarter , following approval by the Toronto Stock Exchange , and other corporate updates. Leadership Team Enhancements Effective May 15, 2024, Mr. Sudan I. Maccio joined PetroTal Corp. as Chief Legal Counsel and Corporate Secretary. Mr. Maccio brings over 30 years of extensive [...]
PetroTal Corp. announces the annual grant of performance share units to employees and officers of the Company, in accordance with the Company's performance and restricted share unit plan. 2024 PSU grants PetroTal has granted an aggregate of 6,372,974 PSUs, of which 3,526,270 PSUs are to Officers. The PSUs issued to the Officers will vest three years from the date of grant and each PSU will entitle the holder to acquire [...]