PetroTal Corp. is pleased to announce the following corporate update. River Transportation Reopened On December 14, 2022, the Asociacion Indigena de Desarrollo y Conservacion de Bajo Puinahua removed the river blockade to allow oil barge transportation access in and out of the Company's operating area coinciding with positive working table discussions held on December 14, 2022 where the Junta of Authorities of Puinahua [...]
PetroTal Corp. and announces the following corporate updates. Peruvian political changes On December 7, 2022, the Peruvian Congress voted to remove Mr. Pedro Castillo as President of Peru. Pursuant to Peruvian constitutional law, the Vice-President, Ms. Dina Boluarte assumes the Presidency. Following this change, there will be a reassessment of all government Ministers before a new cabinet is named. This process is [...]
Strong balance sheet position $150 million of free cash flow delivered in nine months of 2022 PetroTal Corp. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2022 . Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements , and management's discussion and [...]
Average production over 8,000 bopd during first week PetroTal Corp. is pleased to announce the successful testing results of well 13H, the Company's thirteenth producing well. Well 13H highlights Well 13H has successfully tested at approximately 8,000 barrels of oil per day over its first week of production, placing it in the top horizonal producers drilled by the Company, with the November 2, 2022 rate at 7,825 bopd; To [...]
PetroTal Corp. is pleased to announce the following operational and corporate updates. Q3 2022 Production PetroTal's Q3 oil production was approximately 1.12 million barrels, representing 12,229 barrels of oil per day , which was the Company's second best producing quarter to date. The current technical production capacity of the Bretana oilfield is approximately 18,000 bopd, prior to the upcoming completion of well 13H [...]
PetroTal Corp. is pleased to announce that all matters presented for approval at the annual special meeting of shareholders held on September 15, 2022 have been fully authorized and approved. Annual General and Special Meeting on September 15, 2022 The Company welcomes two new directors , and thanks retiring directors . The following are PetroTal's duly elected Directors: Mark McComiskey - Chair Manuel Pablo [...]
Virtual AGM on September 15, 2022 at 10:00am MT, 15:00 UK Time PetroTal Corp. is pleased to announce Messrs. Luis Carranza and Jon Harris as additional director nominees for election at the upcoming shareholder meeting to be held on Wednesday, September 15, 2022 at 10:00 am Mountain Time, 15:00 UK time. In addition, the Company is also announcing the retirement of Messrs. Gary Guidry and Ryan Ellson, who will not be [...]
Seventh straight quarter of production growth Generated nearly $100 million in net operating income in Q2 2022 Reiterating 2022 Guidance PetroTal Corp. is pleased to announce its financial and operating results for the three months ended June 30, 2022 . Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements , and [...]
Lunch Keynote Presentations Feature BPX Energy, Vivek Ramaswamy with Strive Wealth Management and Petrie Partners Panels include discussions on Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook EnerCom, Inc. announced today that the EnerCom Denver investment conference will feature management team presentations, breakout [...]
Lunch Keynote Presentations Feature BPX Energy, Vivek Ramaswamy with Strive Wealth Management and Petrie Partners Panels include discussions on Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook EnerCom, Inc. announced today that lunch keynote presentations will feature BPX Energy, Vivek Ramaswamy with Strive Wealth [...]
Preliminary Presentation Times and Schedule for Participating Companies at EnerCom Denver Now Posted on the Conference Website EnerCom, Inc. announced today that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for the EnerCom Denver conference can now request One-on-One meetings with the senior management teams of participating companies on the [...]
Well 11H commenced production on June 30, 2022 Seventh straight quarter of production growth PetroTal Corp. is pleased to provide the following updates: Key Highlights Q2 2022 production averaged approximately 14,500 barrels of oil per day , a new quarterly record, representing 7% above revised guidance provided on May 26, 2022, the seventh straight quarter of production growth; Well 11H was put on production June 30 [...]