Transaction in Own Shares
Calgary, AB and Houston, TX – July 24, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 21 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | 25,000 | 95,582 | 120,582 |
| Lowest price paid per Common Share: | 42.200 pence | 0.720 CAD | |
| Highest price paid per Common Share: | 42.200 pence | 0.730 CAD | |
| Volume weighted average price paid per Common Share: | 42.200 pence | 0.722 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 920,970,814 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 920,970,814.
The figure of 920,970,814 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 21 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 21 July 2023, 04:02 PM BST | 25,000 | 42.200 pence | OMAR |
| 21 July 2023, 09:32 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:32 AM EST | 82 | 0.730 CAD | CX2 |
| 21 July 2023, 09:33 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:35 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:36 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:37 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:38 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:38 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:40 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:41 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:42 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:44 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:45 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:47 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:49 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:51 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 09:52 AM EST | 500 | 0.725 CAD | OMG |
| 21 July 2023, 10:38 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:38 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:38 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:39 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:39 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:39 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:40 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:41 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:41 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:42 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:42 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:43 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:43 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:44 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:45 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 10:45 AM EST | 500 | 0.730 CAD | OMG |
| 21 July 2023, 12:47 PM EST | 1,000 | 0.720 CAD | OMG |
| 21 July 2023, 12:48 PM EST | 1,000 | 0.720 CAD | OMG |
| 21 July 2023, 12:49 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 12:49 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 12:54 PM EST | 1,000 | 0.720 CAD | OMG |
| 21 July 2023, 12:57 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 12:59 PM EST | 1,000 | 0.720 CAD | OMG |
| 21 July 2023, 01:00 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:02 PM EST | 1,000 | 0.720 CAD | OMG |
| 21 July 2023, 01:03 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:04 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:04 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:05 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:05 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:06 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:07 PM EST | 1,000 | 0.720 CAD | OMG |
| 21 July 2023, 01:08 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:08 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:09 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:09 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 01:09 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 02:43 PM EST | 1,000 | 0.720 CAD | OMG |
| 21 July 2023, 02:43 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 02:43 PM EST | 1,000 | 0.720 CAD | OMG |
| 21 July 2023, 02:43 PM EST | 1,500 | 0.720 CAD | OMG |
| 21 July 2023, 02:44 PM EST | 1,500 | 0.720 CAD | OMG |
| 21 July 2023, 03:13 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 03:13 PM EST | 2,500 | 0.720 CAD | OMG |
| 21 July 2023, 03:14 PM EST | 5,500 | 0.720 CAD | OMG |
| 21 July 2023, 03:17 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 03:17 PM EST | 4,000 | 0.720 CAD | OMG |
| 21 July 2023, 03:18 PM EST | 5,500 | 0.720 CAD | OMG |
| 21 July 2023, 03:18 PM EST | 1,000 | 0.720 CAD | OMG |
| 21 July 2023, 03:19 PM EST | 3,000 | 0.720 CAD | OMG |
| 21 July 2023, 03:19 PM EST | 2,000 | 0.720 CAD | OMG |
| 21 July 2023, 03:20 PM EST | 5,500 | 0.720 CAD | OMG |
| 21 July 2023, 03:22 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 03:22 PM EST | 500 | 0.720 CAD | OMG |
| 21 July 2023, 03:22 PM EST | 1,500 | 0.720 CAD | OMG |
| 21 July 2023, 03:22 PM EST | 4,500 | 0.720 CAD | TOR |
| 21 July 2023, 03:23 PM EST | 5,000 | 0.720 CAD | TOR |
| 21 July 2023, 03:25 PM EST | 7,000 | 0.720 CAD | TOR |
| 21 July 2023, 03:27 PM EST | 3,000 | 0.720 CAD | TOR |
| 21 July 2023, 03:28 PM EST | 5,500 | 0.720 CAD | TOR |
| 21 July 2023, 03:29 PM EST | 3,000 | 0.720 CAD | TOR |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt CommunicationsMark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Transaction in Own Shares
Calgary, AB and Houston, TX – July 21, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 20 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | - | 83,982 | 83,982 |
| Lowest price paid per Common Share: | 0.725 CAD | ||
| Highest price paid per Common Share: | 0.730 CAD | ||
| Volume weighted average price paid per Common Share: | 0.730 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 921,091,396 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 921,091,396.
The figure of 921,091,396 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 20 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 20 July 2023, 09:55 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 09:55 AM EST | 482 | 0.730 CAD | TRI |
| 20 July 2023, 09:57 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:00 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:02 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:03 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:05 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:07 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:08 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:09 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:10 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:11 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:12 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:13 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:16 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:21 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:23 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:24 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:25 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:26 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:26 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:26 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:27 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:29 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:30 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:31 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:32 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:32 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:33 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:34 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:34 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:35 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:35 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:36 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:42 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:42 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:43 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:43 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:43 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:44 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:54 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:55 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:56 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:56 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:57 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 10:58 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:01 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:04 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:05 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:05 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:06 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:06 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:06 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:06 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:07 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:07 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:07 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:07 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:08 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:08 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:08 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:08 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:09 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:09 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:10 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:11 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:11 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:14 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:15 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:16 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:19 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:19 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:19 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:19 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:19 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:19 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:20 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 11:20 AM EST | 500 | 0.730 CAD | OMG |
| 20 July 2023, 02:48 PM EST | 1,500 | 0.725 CAD | OMG |
| 20 July 2023, 04:00 PM EST | 2,000 | 0.730 CAD | TOR |
| 20 July 2023, 04:00 PM EST | 7,500 | 0.730 CAD | TOR |
| 20 July 2023, 04:00 PM EST | 2,000 | 0.730 CAD | TOR |
| 20 July 2023, 04:00 PM EST | 2,000 | 0.730 CAD | TOR |
| 20 July 2023, 04:00 PM EST | 4,500 | 0.730 CAD | TOR |
| 20 July 2023, 04:00 PM EST | 6,500 | 0.730 CAD | TOR |
| 20 July 2023, 04:00 PM EST | 19,000 | 0.730 CAD | TOR |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt CommunicationsMark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Transaction in Own Shares
Calgary, AB and Houston, TX – July 20, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 19 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | 25,000 | 77,220 | 102,220 |
| Lowest price paid per Common Share: | 42.150 pence | 0.720 CAD | |
| Highest price paid per Common Share: | 42.150 pence | 0.730 CAD | |
| Volume weighted average price paid per Common Share: | 42.150 pence | 0.729 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 921,175,378 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 921,175,378.
The figure of 921,175,378 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 19 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 19 July 2023, 10:56 AM BST | 25,000 | 42.150 pence | OMAR |
| 19 July 2023, 09:32 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:39 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:40 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:40 AM EST | 220 | 0.720 CAD | TRI |
| 19 July 2023, 09:41 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:42 AM EST | 500 | 0.720 CAD | ALP |
| 19 July 2023, 09:42 AM EST | 500 | 0.720 CAD | ALP |
| 19 July 2023, 09:43 AM EST | 500 | 0.720 CAD | ALP |
| 19 July 2023, 09:43 AM EST | 500 | 0.720 CAD | ALP |
| 19 July 2023, 09:44 AM EST | 500 | 0.720 CAD | ALP |
| 19 July 2023, 09:45 AM EST | 500 | 0.720 CAD | ALP |
| 19 July 2023, 09:47 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:48 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:49 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:52 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:54 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:55 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:56 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:57 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 09:59 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 11:18 AM EST | 500 | 0.720 CAD | TOR |
| 19 July 2023, 11:47 AM EST | 500 | 0.730 CAD | OMG |
| 19 July 2023, 11:48 AM EST | 500 | 0.730 CAD | OMG |
| 19 July 2023, 11:49 AM EST | 500 | 0.730 CAD | OMG |
| 19 July 2023, 11:50 AM EST | 500 | 0.730 CAD | OMG |
| 19 July 2023, 11:50 AM EST | 500 | 0.730 CAD | OMG |
| 19 July 2023, 11:51 AM EST | 500 | 0.730 CAD | OMG |
| 19 July 2023, 01:20 PM EST | 1,000 | 0.730 CAD | OMG |
| 19 July 2023, 01:21 PM EST | 1,000 | 0.730 CAD | OMG |
| 19 July 2023, 01:21 PM EST | 500 | 0.730 CAD | OMG |
| 19 July 2023, 01:48 PM EST | 1,000 | 0.730 CAD | OMG |
| 19 July 2023, 01:50 PM EST | 1,500 | 0.730 CAD | OMG |
| 19 July 2023, 02:30 PM EST | 2,000 | 0.730 CAD | OMG |
| 19 July 2023, 02:30 PM EST | 10,000 | 0.730 CAD | OMG |
| 19 July 2023, 02:30 PM EST | 13,000 | 0.730 CAD | OMG |
| 19 July 2023, 02:30 PM EST | 1,500 | 0.730 CAD | CX2 |
| 19 July 2023, 02:30 PM EST | 16,500 | 0.730 CAD | TOR |
| 19 July 2023, 02:30 PM EST | 16,000 | 0.730 CAD | TOR |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt CommunicationsMark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Transaction in Own Shares
Calgary, AB and Houston, TX – July 19, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 18 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | - | 69,963 | 69,963 |
| Lowest price paid per Common Share: | 0.720 CAD | ||
| Highest price paid per Common Share: | 0.720 CAD | ||
| Volume weighted average price paid per Common Share: | 0.720 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 921,277,598 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 921,277,598.
The figure of 921,277,598 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 18 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 18 July 2023, 10:29 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:29 AM EST | 463 | 0.720 CAD | TRI |
| 18 July 2023, 10:30 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:31 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:32 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:33 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:34 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:35 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:35 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:37 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:38 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:39 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:40 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:40 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:41 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:42 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:43 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:43 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:45 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:46 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:47 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:48 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 10:55 AM EST | 500 | 0.720 CAD | TOR |
| 18 July 2023, 10:56 AM EST | 500 | 0.720 CAD | TOR |
| 18 July 2023, 10:57 AM EST | 500 | 0.720 CAD | TOR |
| 18 July 2023, 10:57 AM EST | 500 | 0.720 CAD | TOR |
| 18 July 2023, 11:15 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:16 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:17 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:18 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:18 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:19 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:20 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:20 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:22 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:23 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:23 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:24 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:24 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:24 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:25 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:25 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:25 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:25 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:25 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:26 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:27 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:28 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:28 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:29 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:30 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:31 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:32 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:33 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:34 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:35 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:35 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:36 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:37 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:38 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:39 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:40 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:42 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:44 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:45 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:47 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:48 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:49 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:51 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:52 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:53 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:55 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:56 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:59 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 11:59 AM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:00 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:00 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:01 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:01 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:02 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:47 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:48 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:52 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:54 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 12:57 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 01:32 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 01:33 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 01:34 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 01:37 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 01:38 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 01:40 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 01:41 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 01:41 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 01:42 PM EST | 500 | 0.720 CAD | OMG |
| 18 July 2023, 02:33 PM EST | 8,000 | 0.720 CAD | OMG |
| 18 July 2023, 02:33 PM EST | 13,000 | 0.720 CAD | OMG |
| 18 July 2023, 02:33 PM EST | 2,000 | 0.720 CAD | OMG |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt CommunicationsMark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Transaction in Own Shares
Calgary, AB and Houston, TX – July 18, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 17 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | 66,029 | 66,029 | 132,058 |
| Lowest price paid per Common Share: | 40.600 pence | 0.700 CAD | |
| Highest price paid per Common Share: | 40.600 pence | 0.710 CAD | |
| Volume weighted average price paid per Common Share: | 40.600 pence | 0.709 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 921,347,561Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 921,347,561.
The figure of 921,347,561 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 17 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 17 July 2023, 02:30 PM BST | 66,029 | 40.600 pence | OMAR |
| 17 July 2023, 09:32 AM EST | 500 | 0.700 CAD | TOR |
| 17 July 2023, 09:34 AM EST | 500 | 0.700 CAD | TOR |
| 17 July 2023, 09:47 AM EST | 500 | 0.700 CAD | TOR |
| 17 July 2023, 09:47 AM EST | 29 | 0.700 CAD | TOR |
| 17 July 2023, 09:54 AM EST | 500 | 0.700 CAD | TOR |
| 17 July 2023, 10:11 AM EST | 500 | 0.700 CAD | TOR |
| 17 July 2023, 10:12 AM EST | 500 | 0.700 CAD | TOR |
| 17 July 2023, 10:13 AM EST | 500 | 0.700 CAD | TOR |
| 17 July 2023, 10:46 AM EST | 500 | 0.705 CAD | OMG |
| 17 July 2023, 11:15 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:15 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:17 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:18 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:18 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:18 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:18 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:18 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:18 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:19 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:19 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:19 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:19 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:19 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:20 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:20 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:20 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:21 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:21 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:22 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:22 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:23 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:23 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:24 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:24 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:24 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:25 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:25 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:25 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:25 AM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 11:26 AM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:26 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:28 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:31 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:33 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:35 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:37 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:38 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:38 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:39 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:40 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:40 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:40 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:41 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 12:42 PM EST | 500 | 0.710 CAD | NEN |
| 17 July 2023, 01:34 PM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 01:36 PM EST | 500 | 0.710 CAD | OMG |
| 17 July 2023, 01:37 PM EST | 15,000 | 0.710 CAD | OMG |
| 17 July 2023, 01:37 PM EST | 4,500 | 0.710 CAD | OMG |
| 17 July 2023, 01:37 PM EST | 10,000 | 0.710 CAD | OMG |
| 17 July 2023, 01:37 PM EST | 9,000 | 0.710 CAD | OMG |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt CommunicationsMark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Transaction in Own Shares
Calgary, AB and Houston, TX – July 17, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 14 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | 63,658 | 63,658 | 127,316 |
| Lowest price paid per Common Share: | 41.500 pence | 0.705 CAD | |
| Highest price paid per Common Share: | 41.500 pence | 0.730 CAD | |
| Volume weighted average price paid per Common Share: | 41.500 pence | 0.713 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 921,479,619 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 921,479,619.
The figure of 921,479,619 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 14 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 14 July 2023, 08:29 AM BST | 63,658 | 41.500 pence | OMAR |
| 14 July 2023, 09:33 AM EST | 500 | 0.730 CAD | OMG |
| 14 July 2023, 09:33 AM EST | 158 | 0.730 CAD | TRI |
| 14 July 2023, 09:37 AM EST | 500 | 0.720 CAD | TOR |
| 14 July 2023, 09:38 AM EST | 500 | 0.720 CAD | TOR |
| 14 July 2023, 09:54 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 09:55 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 09:56 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 09:56 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 09:57 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 09:58 AM EST | 500 | 0.720 CAD | TOR |
| 14 July 2023, 09:59 AM EST | 500 | 0.720 CAD | TOR |
| 14 July 2023, 10:00 AM EST | 500 | 0.720 CAD | TOR |
| 14 July 2023, 10:12 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:13 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:14 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:15 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:16 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:17 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:18 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:19 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:20 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:21 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:23 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:24 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:25 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:26 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:29 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:30 AM EST | 500 | 0.720 CAD | NEN |
| 14 July 2023, 10:31 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:35 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:35 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:36 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:38 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:41 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:42 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:44 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:47 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:49 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:51 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 10:53 AM EST | 500 | 0.720 CAD | OMG |
| 14 July 2023, 11:09 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:09 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:10 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:12 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:12 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:14 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:34 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:35 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:36 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:37 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:38 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:40 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:41 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:43 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:44 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:45 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:47 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:48 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:50 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:51 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:52 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 11:54 AM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 12:00 PM EST | 500 | 0.710 CAD | TOR |
| 14 July 2023, 12:00 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:01 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:02 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:04 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:06 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:08 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:10 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:13 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:15 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:18 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:20 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:23 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:24 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:26 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:33 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:35 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:39 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 12:41 PM EST | 500 | 0.710 CAD | OMG |
| 14 July 2023, 03:22 PM EST | 5,000 | 0.705 CAD | OMG |
| 14 July 2023, 04:00 PM EST | 1,500 | 0.710 CAD | TOR |
| 14 July 2023, 04:00 PM EST | 3,000 | 0.710 CAD | TOR |
| 14 July 2023, 04:00 PM EST | 2,000 | 0.710 CAD | TOR |
| 14 July 2023, 04:00 PM EST | 2,000 | 0.710 CAD | TOR |
| 14 July 2023, 04:00 PM EST | 1,000 | 0.710 CAD | TOR |
| 14 July 2023, 04:00 PM EST | 1,500 | 0.710 CAD | TOR |
| 14 July 2023, 04:00 PM EST | 2,000 | 0.710 CAD | TOR |
| 14 July 2023, 04:00 PM EST | 5,500 | 0.710 CAD | TOR |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt CommunicationsMark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Transaction in Own Shares
Calgary, AB and Houston, TX – July 14, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 13 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | 62,530 | 62,530 | 125,060 |
| Lowest price paid per Common Share: | 41.300 pence | 0.690 CAD | |
| Highest price paid per Common Share: | 41.300 pence | 0.720 CAD | |
| Volume weighted average price paid per Common Share: | 41.300 pence | 0.714 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 921,606,935 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 921,606,935.
The figure of 921,606,935 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 13 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 13 July 2023, 10:58 AM BST | 62,530 | 41.300 pence | OMAR |
| 13 July 2023, 09:36 AM EST | 500 | 0.690 CAD | TOR |
| 13 July 2023, 09:36 AM EST | 30 | 0.690 CAD | TRI |
| 13 July 2023, 10:30 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:31 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:32 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:33 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:34 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:35 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:35 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:36 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:37 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:37 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:39 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:40 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:40 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:41 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:42 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 10:43 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 11:09 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 11:09 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 11:54 AM EST | 500 | 0.700 CAD | TOR |
| 13 July 2023, 11:55 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 11:56 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 11:57 AM EST | 500 | 0.700 CAD | OMG |
| 13 July 2023, 11:58 AM EST | 500 | 0.700 CAD | TOR |
| 13 July 2023, 12:24 PM EST | 500 | 0.700 CAD | TOR |
| 13 July 2023, 01:10 PM EST | 500 | 0.710 CAD | OMG |
| 13 July 2023, 01:10 PM EST | 500 | 0.710 CAD | OMG |
| 13 July 2023, 01:10 PM EST | 500 | 0.710 CAD | OMG |
| 13 July 2023, 01:11 PM EST | 500 | 0.710 CAD | OMG |
| 13 July 2023, 01:12 PM EST | 1,000 | 0.710 CAD | OMG |
| 13 July 2023, 01:15 PM EST | 1,000 | 0.710 CAD | OMG |
| 13 July 2023, 01:15 PM EST | 500 | 0.710 CAD | OMG |
| 13 July 2023, 01:16 PM EST | 500 | 0.710 CAD | OMG |
| 13 July 2023, 01:16 PM EST | 500 | 0.710 CAD | OMG |
| 13 July 2023, 01:18 PM EST | 1,000 | 0.710 CAD | OMG |
| 13 July 2023, 01:19 PM EST | 500 | 0.710 CAD | OMG |
| 13 July 2023, 01:19 PM EST | 500 | 0.710 CAD | OMG |
| 13 July 2023, 01:21 PM EST | 1,000 | 0.710 CAD | OMG |
| 13 July 2023, 01:22 PM EST | 1,000 | 0.710 CAD | OMG |
| 13 July 2023, 04:00 PM EST | 4,000 | 0.720 CAD | TOR |
| 13 July 2023, 04:00 PM EST | 3,500 | 0.720 CAD | TOR |
| 13 July 2023, 04:00 PM EST | 1,000 | 0.720 CAD | TOR |
| 13 July 2023, 04:00 PM EST | 1,500 | 0.720 CAD | TOR |
| 13 July 2023, 04:00 PM EST | 9,000 | 0.720 CAD | TOR |
| 13 July 2023, 04:00 PM EST | 10,500 | 0.720 CAD | TOR |
| 13 July 2023, 04:00 PM EST | 500 | 0.720 CAD | TOR |
| 13 July 2023, 04:00 PM EST | 1,500 | 0.720 CAD | TOR |
| 13 July 2023, 04:00 PM EST | 2,500 | 0.720 CAD | TOR |
| 13 July 2023, 04:00 PM EST | 6,500 | 0.720 CAD | TOR |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt CommunicationsMark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Transaction in Own Shares
Calgary, AB and Houston, TX – July 13, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 12 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | 61,123 | 61,123 | 122,246 |
| Lowest price paid per Common Share: | 40.400 pence | 0.680 CAD | |
| Highest price paid per Common Share: | 40.400 pence | 0.700 CAD | |
| Volume weighted average price paid per Common Share: | 40.400 pence | 0.686 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 921,731,995 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 921,731,995.
The figure of 921,731,995 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 12 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 12 July 2023, 04:25 PM BST | 61,123 | 40.400 pence | OMAR |
| 12 July 2023, 09:33 AM EST | 500 | 0.700 CAD | OMG |
| 12 July 2023, 09:33 AM EST | 123 | 0.700 CAD | TRI |
| 12 July 2023, 09:34 AM EST | 500 | 0.700 CAD | OMG |
| 12 July 2023, 09:36 AM EST | 500 | 0.700 CAD | OMG |
| 12 July 2023, 09:37 AM EST | 500 | 0.700 CAD | OMG |
| 12 July 2023, 09:38 AM EST | 500 | 0.690 CAD | TOR |
| 12 July 2023, 09:40 AM EST | 500 | 0.690 CAD | TOR |
| 12 July 2023, 09:43 AM EST | 500 | 0.690 CAD | TOR |
| 12 July 2023, 09:44 AM EST | 500 | 0.690 CAD | TOR |
| 12 July 2023, 09:46 AM EST | 500 | 0.690 CAD | TOR |
| 12 July 2023, 09:47 AM EST | 500 | 0.690 CAD | TOR |
| 12 July 2023, 10:57 AM EST | 500 | 0.690 CAD | TOR |
| 12 July 2023, 10:58 AM EST | 500 | 0.690 CAD | NEN |
| 12 July 2023, 10:58 AM EST | 500 | 0.690 CAD | NEN |
| 12 July 2023, 10:59 AM EST | 500 | 0.690 CAD | TOR |
| 12 July 2023, 11:01 AM EST | 500 | 0.685 CAD | TOR |
| 12 July 2023, 01:37 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:00 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 02:00 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:17 PM EST | 1,500 | 0.690 CAD | OMG |
| 12 July 2023, 02:17 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:18 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:18 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 02:18 PM EST | 1,500 | 0.690 CAD | OMG |
| 12 July 2023, 02:19 PM EST | 1,500 | 0.690 CAD | OMG |
| 12 July 2023, 02:19 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 02:19 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 02:21 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:22 PM EST | 1,500 | 0.690 CAD | OMG |
| 12 July 2023, 02:38 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:39 PM EST | 1,500 | 0.690 CAD | OMG |
| 12 July 2023, 02:39 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:41 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:42 PM EST | 1,500 | 0.690 CAD | OMG |
| 12 July 2023, 02:42 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 02:43 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:44 PM EST | 1,000 | 0.690 CAD | OMG |
| 12 July 2023, 02:44 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 02:46 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 02:46 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 02:46 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 02:47 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 03:01 PM EST | 2,000 | 0.690 CAD | OMG |
| 12 July 2023, 03:02 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 03:02 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 03:02 PM EST | 500 | 0.690 CAD | OMG |
| 12 July 2023, 04:00 PM EST | 2,500 | 0.680 CAD | TOR |
| 12 July 2023, 04:00 PM EST | 10,000 | 0.680 CAD | TOR |
| 12 July 2023, 04:00 PM EST | 2,000 | 0.680 CAD | TOR |
| 12 July 2023, 04:00 PM EST | 10,000 | 0.680 CAD | TOR |
| 12 July 2023, 04:00 PM EST | 1,500 | 0.680 CAD | TOR |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt CommunicationsMark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Transaction in Own Shares
Calgary, AB and Houston, TX – July 12, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 11 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | 60,213 | 60,213 | 120,426 |
| Lowest price paid per Common Share: | 40.300 pence | 0.680 CAD | |
| Highest price paid per Common Share: | 40.300 pence | 0.690 CAD | |
| Volume weighted average price paid per Common Share: | 40.300 pence | 0.688 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 921,854,241 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 921,854,241.
The figure of 921,854,241 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 11 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 11 July 2023, 01:17 PM BST | 60,213 | 40.300 pence | OMAR |
| 11 July 2023, 09:33 AM EST | 500 | 0.680 CAD | OMG |
| 11 July 2023, 09:33 AM EST | 213 | 0.680 CAD | TRI |
| 11 July 2023, 09:35 AM EST | 500 | 0.680 CAD | OMG |
| 11 July 2023, 09:36 AM EST | 500 | 0.680 CAD | OMG |
| 11 July 2023, 09:38 AM EST | 500 | 0.680 CAD | OMG |
| 11 July 2023, 09:39 AM EST | 500 | 0.680 CAD | OMG |
| 11 July 2023, 09:43 AM EST | 500 | 0.680 CAD | OMG |
| 11 July 2023, 09:44 AM EST | 500 | 0.680 CAD | OMG |
| 11 July 2023, 09:46 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 09:48 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 09:50 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 10:01 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 10:03 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 10:05 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 10:06 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 10:07 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 10:08 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 10:09 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 10:10 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 10:13 AM EST | 500 | 0.680 CAD | TOR |
| 11 July 2023, 02:26 PM EST | 1,000 | 0.690 CAD | OMG |
| 11 July 2023, 02:27 PM EST | 1,000 | 0.690 CAD | OMG |
| 11 July 2023, 02:28 PM EST | 500 | 0.690 CAD | OMG |
| 11 July 2023, 02:28 PM EST | 1,500 | 0.690 CAD | OMG |
| 11 July 2023, 02:30 PM EST | 2,000 | 0.690 CAD | OMG |
| 11 July 2023, 02:31 PM EST | 500 | 0.690 CAD | OMG |
| 11 July 2023, 02:34 PM EST | 1,500 | 0.690 CAD | OMG |
| 11 July 2023, 02:35 PM EST | 1,000 | 0.690 CAD | OMG |
| 11 July 2023, 02:36 PM EST | 1,000 | 0.690 CAD | OMG |
| 11 July 2023, 02:36 PM EST | 500 | 0.690 CAD | OMG |
| 11 July 2023, 02:37 PM EST | 1,000 | 0.690 CAD | OMG |
| 11 July 2023, 02:38 PM EST | 1,000 | 0.690 CAD | OMG |
| 11 July 2023, 02:39 PM EST | 1,000 | 0.690 CAD | OMG |
| 11 July 2023, 03:11 PM EST | 500 | 0.690 CAD | OMG |
| 11 July 2023, 03:11 PM EST | 3,000 | 0.690 CAD | OMG |
| 11 July 2023, 03:13 PM EST | 3,000 | 0.690 CAD | OMG |
| 11 July 2023, 03:13 PM EST | 4,000 | 0.690 CAD | OMG |
| 11 July 2023, 03:13 PM EST | 5,000 | 0.690 CAD | OMG |
| 11 July 2023, 03:13 PM EST | 1,500 | 0.690 CAD | OMG |
| 11 July 2023, 03:13 PM EST | 500 | 0.690 CAD | CX2 |
| 11 July 2023, 03:13 PM EST | 5,000 | 0.690 CAD | CX2 |
| 11 July 2023, 03:13 PM EST | 14,500 | 0.690 CAD | TOR |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt CommunicationsMark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Transaction in Own Shares
Calgary, AB and Houston, TX – July 11, 2023 - PetroTal Corp. (“PetroTal” or the “Company”) (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announced on 16 May 2023, it has purchased the following number of common shares of no par value each in the capital of the Company ("Common Shares") through Stifel Nicolaus Europe Limited (“Stifel”). The repurchased shares will be cancelled.
| Date of purchase: | 10 July 2023 | ||
| AIM | TSX | Total | |
| Aggregate number of Common Shares purchased: | 57,160 | 57,160 | 114,320 |
| Lowest price paid per Common Share: | 40.000 pence | 0.675 CAD | |
| Highest price paid per Common Share: | 40.000 pence | 0.690 CAD | |
| Volume weighted average price paid per Common Share: | 40.000 pence | 0.683 CAD |
Following the cancellation of the repurchased shares, the Company will have no Common Shares in treasury and 921,974,667 Common Shares (excluding treasury shares) of no par value each in issue. Therefore, the total voting rights in the Company will be 921,974,667.
The figure of 921,974,667 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as in force in the UK by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Stifel as part of the buyback programme.
Schedule of purchases:
| Common Shares purchased: | PetroTal Corp. (ISIN: CA71677J1012) |
| Date of purchases: | 10 July 2023 |
| Investment firm: | Stifel Nicolaus Europe Limited |
Individual transactions:
| Transaction date and time | Number of shares purchased | Transaction price | Trading venue |
| 10 July 2023, 02:19 PM BST | 25,000 | 40.000 pence | OMAR |
| 10 July 2023, 02:59 PM BST | 32,160 | 40.000 pence | OMAR |
| 10 July 2023, 09:33 AM EST | 500 | 0.690 CAD | TOR |
| 10 July 2023, 09:33 AM EST | 160 | 0.690 CAD | TRI |
| 10 July 2023, 09:34 AM EST | 500 | 0.690 CAD | TOR |
| 10 July 2023, 09:36 AM EST | 500 | 0.690 CAD | OMG |
| 10 July 2023, 09:38 AM EST | 500 | 0.690 CAD | OMG |
| 10 July 2023, 11:26 AM EST | 500 | 0.690 CAD | OMG |
| 10 July 2023, 11:27 AM EST | 500 | 0.690 CAD | OMG |
| 10 July 2023, 11:28 AM EST | 500 | 0.690 CAD | OMG |
| 10 July 2023, 11:29 AM EST | 500 | 0.690 CAD | OMG |
| 10 July 2023, 11:29 AM EST | 500 | 0.685 CAD | TOR |
| 10 July 2023, 11:36 AM EST | 500 | 0.685 CAD | TOR |
| 10 July 2023, 12:07 PM EST | 500 | 0.690 CAD | OMG |
| 10 July 2023, 12:08 PM EST | 500 | 0.690 CAD | OMG |
| 10 July 2023, 12:41 PM EST | 500 | 0.680 CAD | TOR |
| 10 July 2023, 12:49 PM EST | 500 | 0.680 CAD | TOR |
| 10 July 2023, 12:50 PM EST | 500 | 0.675 CAD | TOR |
| 10 July 2023, 01:41 PM EST | 500 | 0.680 CAD | TOR |
| 10 July 2023, 01:41 PM EST | 8,000 | 0.680 CAD | OMG |
| 10 July 2023, 01:41 PM EST | 2,000 | 0.680 CAD | CXC |
| 10 July 2023, 01:41 PM EST | 13,000 | 0.680 CAD | TOR |
| 10 July 2023, 02:03 PM EST | 500 | 0.680 CAD | TOR |
| 10 July 2023, 02:24 PM EST | 500 | 0.680 CAD | TOR |
| 10 July 2023, 02:26 PM EST | 1,500 | 0.680 CAD | TOR |
| 10 July 2023, 02:37 PM EST | 500 | 0.680 CAD | TOR |
| 10 July 2023, 02:46 PM EST | 500 | 0.680 CAD | TOR |
| 10 July 2023, 03:06 PM EST | 500 | 0.680 CAD | TOR |
| 10 July 2023, 03:19 PM EST | 22,000 | 0.685 CAD | OMG |
ABOUT PETROTAL
PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and 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.sedar.com, or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt Communications
Mark Antelme / Jimmy Lea
petrotal@celicourt.uk
T: +44 (0) 20 7770 6424
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: +44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
T: +44 (0) 20 7710 7600
Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: +44 (0) 20 7418 8900
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.