PetroTal Corp. recently announced a transaction involving its own shares, in line with its share buyback program. The company disclosed the purchase of a specific number of common shares through Stifel Nicolaus Europe Limited. The transaction, which took place on April 15, 2025, involved the acquisition of 128,666 common shares at a price of 0.58 CAD per share.
Following this buyback, PetroTal Corp. now holds 915,765,542 common shares in issue and 640,164 Treasury Shares, resulting in a total of 915,125,378 voting rights in the company. Shareholders can utilize this figure for compliance with regulatory reporting obligations under the FCA’s Disclosure Guidance and Transparency Rules.
The detailed breakdown of the individual trades executed by Stifel as part of the buyback program was made available. The purchases, which occurred on April 15, 2025, were carried out at various times with specific quantities and prices per share on different trading venues.
PetroTal Corp., a tri-quoted oil and gas development and production company, holds a significant presence in the industry. With its primary focus on oil assets in Peru, the company’s flagship asset is the Bretana oil field in Peru’s Block 95. Having commenced oil production in June 2018, PetroTal emerged as the largest crude oil producer in Peru in early 2022.
The management team at PetroTal boasts extensive experience in oil exploration and development in Peru. Led by a dedicated Board of Directors, the company emphasizes safe and cost-effective development of the Bretana oil field. Additionally, PetroTal is committed to promoting community-sensitive energy production practices that benefit all stakeholders involved.
For more information, interested parties can visit PetroTal’s website or access the company’s filed documents. Contacts for key personnel, including the Executive Vice President, Chief Financial Officer, and the President and Chief Executive Officer, are provided for further inquiries. Additionally, various brokerages and advisory firms are available for investor relations and financial advice.
The announcement containing this information is deemed as inside information prior to its release, as per Article 7 of the Market Abuse Regulation No. 596/2014. This disclosure is facilitated by RNS, the news service approved by the Financial Conduct Authority to serve as a Primary Information Provider in the United Kingdom.
Overall, PetroTal’s recent share transaction underscores its strategic financial management approach and commitment to enhancing shareholder value. The company’s initiatives in the oil and gas sector, particularly in Peru, position it as a key player in the industry, emphasizing sustainable development practices and stakeholder engagement.
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