Business
PetroTal Announces Amendment to Share Buyback Program
Calgary, Alberta and Houston, Texas--(Newsfile Corp. - April 4, 2025) - PetroTal Corp. (TSX:...
About this update from Petrotal Corp.
[{"type":"text","content":"PetroTal Announces Amendment to Share Buyback ProgramCalgary, Alberta and Houston, Texas--(Newsfile Corp. - April 4, 2025) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) (\"PetroTal\" or the \"Company\") announces a procedural update to its normal course issuer bid (the \"NCIB\"). Further to the NCIB renewal announcement on May 22, 2024, Common Shares purchased under PetroTal's NCIB will either be cancelled or, where appropriate, temporarily held in treasury to satisfy employee share awards. All other details of the NCIB remain unchanged from the renewal announcement on May 22, 2024. ABOUT PETROTALPetroTal is a publicly traded, tri‐quoted (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru. PetroTal's flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95 where oil production was initiated in June 2018. In early 2022, PetroTal became the largest crude oil producer in Peru. The Company's management team has significant experience in developing and exploring for oil in Peru and is led by a Board of Directors that is focused on safely and cost effectively developing the Bretana oil field. It is actively building new initiatives to champion community sensitive energy production, benefiting all stakeholders.For further information, please see the Company's website at www.petrotal-corp.com, the Company's filed documents at www.sedarplus.ca, or below:Camilo McAllisterExecutive Vice President and Chief Financial [email protected]: (386) 383 1634Manolo ZunigaPresident and Chief Executive [email protected]: (713) 609-9101PetroTal Investor [email protected] CommunicationsMark Antelme / Jimmy [email protected] T : 44 (0) 20 7770 6424Strand Hanson Limited (Nominated & Financial Adviser)Ritchie Balmer / James Spinney / Robert CollinsT: 44 (0) 207 409 3494Stifel Nicolaus Europe Limited (Joint Broker)Callum Stewart / Simon Mensley / Ashton ClanfieldT: +44 (0) 20 7710 7600Peel Hunt LLP (Joint Broker)Richard Crichton / David McKeown / Georgia LangoulantT: +44 (0) 20 7418 8900READER ADVISORIESFORWARD-LOOKING STATEMENTS: This press release contains certain statements that may be deemed to be forward-looking ...