(Alliance News) - PetroTal Corp on Thursday reported an increase in its annual average sales and production despite disruptions caused by dry season in the final quarter. Read More
(Alliance News) - PetroTal Corp on Monday hailed its natural aquifer support as it reported an increase in net present value and crude oil reserves in the past year. Read More
(Alliance News) - PetroTal Corp on Monday said it anticipated oil production to increase this year, as the 16H well was on stream, while it expects net operating income to be lower in 2024 than in 2022. Read More
(Alliance News) - PetroTal Corp on Wednesday reported a rise in quarterly oil production as it hailed the return of the rainy season in Peru. Read More
Petrotal Corp - AIM-listed oil and gas company, which focuses on resource development in Peru - announced on Friday that it repurchased 68,176 common shares at 47.5 pence each, paying around GBP32,000. Read More
(Alliance News) - PetroTal Corp on Thursday said it has kicked off drilling of a well in Peru, and it also reaffirmed an environmental commitment. Read More
(Alliance News) - PetroTal Corp on Monday reported increased oil production and sales but a lower price received. Read More
PetroTal Corp - Alberta, Canada-based oil and gas company - Updates on third quarter production. Achieves production of 10,909 barrels of oil per day in the quarter and is currently producing around 12,500 bopd. Explains production was lower than the guided 13,500 bopd as it was negatively impacted by lower than expected river levels that reduced barge capacity for the Brazil route exports. For the year ended September 30, produces around 14,040 bopd, which is inside full year production guidance range. Read More
PetroTal Corp - Alberta, Canada-based oil and gas company - Confirms dividend of USD0.025 per share will be paid to shareholders on September 15. Adds buybacks have resumed with another scheduled after a brief pause around the quarter end. Further, says production in July and August 2023 averaged 11,552 barrels of oil per day and 12,651 barrels respectively as the company managed reduced barge movement to and from Brazil during the anticipated low river dry season. Expects to make up the volume shortfall if river levels revert to normal in the fourth quarter, and reiterates its full year guidance range of between 14,000 barrels and 15,000 barrels. Read More
(Alliance News) - PetroTal Corp on Tuesday reported a lower second quarter profit than a year ago, as the price of Brent eased. Read More
(Alliance News) - PetroTal Corp on Thursday celebrated record oil production at its site in Peru over the second quarter, despite facing disruption due to an ongoing pipeline closure and separate social disruption. Read More
(Alliance News) - PetroTal Corp on Tuesday said Peruvian and Brazilian oil convoys trapped by an illegal river blockade in the Puinahua canal in Peru have been released. Read More
(Alliance News) - PetroTal Corp said on Friday that it was working with the Peruvian government to find a resolution to a river blockade that started last week Saturday. Read More
PetroTal Corp - Calgary, Canada-based, Peru-focused oil and gas company - Notes blockage in Puinahua canal in Peru against all ships providing services to the company, which started last week Saturday. Blockage is by the Indigenous Association for Development & Conservation of Bajo Puinahua. "PetroTal has called for an immediate and peaceful end to the blockade so that safe river transportation operations can resume," the company says. It adds that the blockage coincides with planned output reductions to tie in previously installed infrastructure and modify production operations to benefit future oil production. Installation work starts on Thursday, with the field being shut for around five days. PetroTal's oil output in June so far is on average at about 10,000 barrels of oil per day, company says. Read More
(Alliance News) - Stock prices in London opened flat on Thursday, as investors re-evaluate the potential trajectory of interest rates across the globe. Read More
(Alliance News) - Stocks in London were set to open flat on Thursday, with market sentiment cautious amid fears that interest rates have further to rise across the globe. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More