공지 • Apr 15
PetroTal Corp., Annual General Meeting, Jun 23, 2026 PetroTal Corp., Annual General Meeting, Jun 23, 2026. Location: alberta, calgary Canada 공지 • Apr 14
PetroTal Corp. to Report Q1, 2026 Results on May 07, 2026 PetroTal Corp. announced that they will report Q1, 2026 results on May 07, 2026 공지 • Feb 25
PetroTal Corp. Announces 2025 Year-End Oil Reserves PetroTal Corp. announced the results of its 2025 year-end reserve evaluation (the NSAI Report) by Netherland, Sewell & Associates Inc. All currency amounts are in United States dollars unless otherwise stated. Key Highlights: Proved ("1P") and Proved and Probable ("2P") reserves of 66.4 million barrels of oil ("mmbbls") and 110.2 mmbbls, respectively, approximately unchanged YoY; Replaced 106% and 76% of Bretaña 1P and 2P reserves, respectively, after the field produced 6.9 mmbbls in 2025; PDP and 1P after-tax reserve value per share (PV10AT) estimated at 0.48/sh (C0.66, or £0.36) and 0.75/sh (C1.03, or £0.56) respectively; Changes to PV10AT relative to YE24 are primarily due to a substantial reduction in forecast oil price assumptions, as well as higher development capital assumptions associated with the incorporation of additional production and water disposal wells in the Bretaña field development plan; PDP and 1P reserve life index ("RLI") estimated at 5.2 and 9.3 years, respectively; Bretaña 1P and 2P original oil in place ("OOIP") unchanged at 377 mmbbls and 494 mmbbls, respectively. The following tables summarize PetroTal's key reserves information as at December 31, 2025, as presented in the reserves report prepared by NSAI, an independent qualified reserves evaluator. Reserve volumes are presented on PetroTal 100% working interest before royalty basis; in certain tables the columns may not add due to rounding differences. PetroTal's reserve estimates have been prepared in accordance with the standards contained in the most recent publication of the Canadian Oil and Gas Evaluation Handbook (the "COGEH") and the reserves definitions contained in National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). PetroTal did not undertake any development drilling in 2025. As a result, reserves replacement is entirely due to revisions to the Bretaña field development plan. At Bretaña (Block 95, PetroTal 100% working interest), PetroTal added five (5) new production wells to the 1P development plan, and six (6) new production wells to the 2P development plan, bringing total development drilling inventory to 37 and 46 wells, respectively. The revised field development plan also includes capital for 10 water disposal wells (including conversions of two producing wells to injectors) in the 2P case, up from 6 at YE24. At the Los Angeles field (Block 131, PetroTal 100% working interest), 1P and 2P reserves decreased by 1.2 mmbbl and 1.9 mmbbl compared to YE24, respectively. Declines in Los Angeles reserves volumes are the result of revisions to the field development plan incorporating data from the 2025 workover and stimulation campaign. Most of the change in the present value of PetroTal's reserves relative to YE24 is attributable to a reduction in forecast oil pricing used by the Company's reserve evaluator. To a lesser extent, the changes in present value are also due to higher future development cost estimates linked primarily to the incorporation of additional production and water disposal wells in the Bretana field development plan, as well as additional capital for upgrades to fluid handling and field infrastructure. Net Present Value Summary: The following tables summarize NSAI's estimates of future net revenue attributable to the reserve categories noted below, both before and after income taxes. It should not be assumed that the undiscounted or discounted net present value of future net revenue attributable to reserves estimated by NSAI represent the fair market value of those reserves. Year-End 2025 Reserves Value Per Share - PV10 After Tax:
Future Development Costs: The following tables summarize future development costs deducted in the estimation of PetroTal's future net revenue attributable to the reserve categories noted below. Future development costs are capital expenditures required in the future for the Company to convert proved undeveloped reserves, probable reserves and possible reserves to proved developed producing reserves. The increase in future development cost estimates is primarily due to the incorporation of additional production and water disposal wells in the Bretaña field development plan, and additional capital for upgrades to fluid handling and field infrastructure. The revised field development plan now contemplates totals of 37/46 production wells in the 1P/2P cases, 9/14 water disposal wells, and 500,000/800,000 bfpd of fluid handling capacity. 공지 • Jan 20
PetroTal Corp. Provides Production Guidance for the Year 2026 PetroTal Corp. provided production guidance for the year 2026. For the year, the company targets average production volumes of 11,750-12,250 barrels of oil per day. 공지 • Jan 13
PetroTal Corp. Announces Appointment of Jorge Osorio as Chief Operating Officer, Effective January 12, 2026 PetroTal Corp. announced that effective January 12, 2026, Mr. Jorge Osorio joined PetroTal Corp. as Chief Operating Officer. In this role, Mr. Osorio oversees all major aspects of the Company's operations and strategic execution, with responsibility for field operations, engineering, production, and drilling. Mr. Osorio brings 37 years of executive leadership experience in the upstream oil and gas industry, having held senior operational and project leadership roles at Ecopetrol and BP. As Vice President of Upstream at Ecopetrol, Mr. Osorio managed a portfolio delivering 730,000 bopd, overseeing approximately $4-5 billion in annual capex and $2-3 billion in opex. Under his leadership, Ecopetrol achieved its highest production since 2016, significant EBITDA growth, and industry-leading safety metrics. He developed and led initiatives that accelerated field development, optimized reserves progression, and reduced greenhouse gas emissions, earning UN Gold Standard OGMP 2.0 recognition. Previously, Mr. Osorio held key roles in BP's Asia Pacific and Atlantic LNG operations, where he successfully implemented best practices in operational readiness, safety, and integrity. Mr. Osorio is widely recognized for translating his deep technical expertise and strategic vision into measurable results. His strong operational discipline, and collaborative leadership approach have consistently driven performance, accelerated growth, and delivered superior returns across complex portfolios. 공지 • Oct 14
PetroTal Corp. to Report Q3, 2025 Results on Nov 13, 2025 PetroTal Corp. announced that they will report Q3, 2025 results on Nov 13, 2025