PetroTal Corp.

Delivered annual average production of 12,200 bopd representing a 36% growth rate over 2021 Increased 2022 2P reserves to 97 million barrels and after tax NPV-10 to US$1.75/share Established a new record production level of over 26,000 bopd Generated 2022 free funds flow of $162 million Brought four highly productive horizontal oil wells online in 2022 to exit the year with 20,000 bopd Bonds now fully repaid and return of [...]

Production above 20,000 bopd with barging capacity now over 1.5 million barrels License Contract modification for Social Trust approved by Supreme Decree Recognized as a top 50 TSXV performing issuer, ranking 4th in the energy sector PetroTal Corp. is pleased to announce various corporate updates, alongside news that it has been recognized by the TSXV as a top 50 performing issuer, ranking 4th in the energy industry [...]

EnerCom Publishes Preliminary Presentation and Event Schedule on EnerCom Dallas Website at www.enercomdallas.com. Investor registration is open for EnerCom Dallas + The Energy Venture Investment Summit conference featuring a broad group of public and private oil and gas companies and innovative start-up company presentations. Limited Presentation Opportunities Still Available for E&P, Midstream, OFS Companies and [...]

Investor registration is open for EnerCom Dallas + The Energy Venture Investment Summit conference featuring a broad group of public and private oil and gas companies and innovative start-up company presentations at www.enercomdallas.com. Presentation Opportunities Available for E&P, Midstream and OFS Companies. EnerCom, Inc. announces preliminary list of participating companies for EnerCom Dallas - The Energy Investment [...]

PetroTal Corp. is pleased to announce that it has received final approval to list its common shares on the Toronto Stock Exchange . Manuel Pablo Zuniga-Pflucker, President and Chief Executive Officer, commented: "PetroTal has delivered considerable value for its stakeholders in a short period of time being listed on the TSX Venture Exchange. This graduation to the TSX is an important next step that will help increase our [...]

46% increase in 2P reserves value per share to USD$1.75 2P estimated ultimate recovery now over 108 million barrels Strong 1P and 2P reserves replacement ratios of 179% and 418%, respectively 24% increase in 2P reserves to 96.7 million barrels 21% increase in 1P Reserves to 45.4 million barrels Added 7 2P well locations, a 32% increase, extending the 2P reserve life to 22 years 2P after tax NPV-10 value increased 48 [...]

PetroTal Recognized for ESG Efforts Conditional Approval Received for Graduation to the Toronto Stock Exchange PetroTal Corp. is pleased to announce the release of PetroTal's 2021 ESG Report, which has been posted on the Company's website . PetroTal is committed to providing a sustainable business plan that delivers meaningful opportunities for all stakeholders, which includes; dedicating significant attention [...]

Return of capital program that targets a minimum quarterly cash liquidity of US$50 million Development plan targeting average 2023 production between 14,000 and 15,000 bopd Anticipated 2023 EBITDA of $220 million at $84/bbl Brent oil forecast PetroTal Corp. is pleased to announce a fully funded 2023 capital investment program of $125 million that is expected to generate significant after-tax, pre debt service free cash [...]

Naturally flowing production of 3,650 bopd ; Social Trust Addendum approved; Production restored to 20,000 bopd PetroTal Corp. is pleased to announce the successful testing results of well 12H, the Company's fourteenth producing well at the Bretana oil field. Well 12H highlights Well 12H has tested naturally, off pump, at approximately 2,900 barrels of oil per day over its first 10 days of production since December 16 [...]

PetroTal Corp. and announces the exercise of Performance Warrants and issuance of Common Shares to employees pursuant to annually vested performance share unit plan . Exercise of Performance Warrants PetroTal received notices to exercise 389,384 Performance Warrants at a price of US$0.1869 per Common Share. Following the warrant exercises, the Company will have no further Performance Warrants outstanding. PSU Issue [...]