PetroTal Corp.

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 [...]

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Meridian Capital International Limited reports that, on April 25, 2023, MCIL transferred ownership and control of 66,267,240 common shares of PetroTal Corp. to Meridian Capital Limited by way of a dividend in-kind . On April 25, 2023, MCL subsequently transferred ownership and control of the 66,267,240 Common Shares to one of its shareholders, A. Alshinbayev, pursuant to a private arrangement between Mr. Alshinbayev and [...]

PetroTal Corp. is pleased to announce the commencement of its previously announced share buyback plan, following approval by the Toronto Stock Exchange of its normal course issuer bid . PetroTal further announces today that the Q1 2023 dividend of US$0.015/share will be paid on June 15, 2023. Q1 2023 Dividend Timetable PetroTal is pleased to confirm that its cash dividend of US$0.015 per common share in respect of Q1 2023 [...]

Delivered Q1 2023 production of 12,193 bopd representing 17.5% growth over Q4 2022 Achieved record sales volumes of 21,500 bopd in March 2023 through Brazil exports and Iquitos Fully repaid the Company's corporate bonds Formalized the shareholder return policy and minimum liquidity requirement PetroTal Corp. is pleased to report its operating and financial results for the three months ended March 31, 2023. Selected [...]

PetroTal Corp. announces the appointment of José L Contreras as Senior Vice President, Operations effective May 1, 2023. Mr. Contreras is an executive in the international oil and gas industry with over 25 years of experience and a successful track record managing large and complex field and technical upstream operations for various sized energy companies. Since 2017, Mr. Contreras has held various executive roles ranging [...]