PetroTal Share News (PTAL)

IN BRIEF: PetroTal reiterates production targets, pays dividend

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.

PetroTal confirms dividend, maintains production guidance

(Sharecast News) - PetroTal confirmed in an update on Wednesday that it would distribute a dividend payment of $23m on 15 September.

PetroTal second quarter profit falls annually amid lower oil price

(Alliance News) - PetroTal Corp on Tuesday reported a lower second quarter profit than a year ago, as the price of Brent eased.

PetroTal upbeat after strongest ever quarter

(Sharecast News) - PetroTal reported record average quarterly sales of 18,483 barrels of oil per day in its second quarter on Tuesday, making for a 46% increase from the first three months of the year.

PetroTal hails record production despite disruption over quarter

(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.

PetroTal reports record second quarter production

(Sharecast News) - PetroTal said in a update on Thursday that during the second quarter, it achieved record production of 19,031 barrels of oil per day.

PetroTal gets back to work after lifting of river blockade

(Sharecast News) - PetroTal said in an update on Tuesday that the Indigenous Association for Development and Conservation of Bajo Puinahua (AIDECOBAP) had removed the river blockade on 10 June, thus allowing the resumption of its operations.

PetroTal says oil convoys released as Peru river blockade is lifted

(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.

PetroTal working with Peruvian government to resolve river blockade

(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.

PetroTal reaches de-escalation plan in Peru river blockade

(Sharecast News) - PetroTal updated the market on the ongoing "illegal river blockade" in Peru on Friday, reporting significant operational disruption as the Indigenous Association for Development and Conservation of Bajo Puinahua (AIDECOBAP) seized and held two oil transport convoys.

UK shareholder meetings calendar - next 7 days

IN BRIEF: PetroTal notes river blockage against vessels in Peru

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.

PetroTal facing 'illegal and violent' river blockade

(Sharecast News) - Oil and gas company PetroTal is facing an "illegal and violent" river blockade by the Indigenous Association for Development and Conservation of Bajo Puinahua (AIDECOBAP), it announced on Thursday.

LONDON MARKET OPEN: Investors "reflective" after central bank shocks

(Alliance News) - Stock prices in London opened flat on Thursday, as investors re-evaluate the potential trajectory of interest rates across the globe.

LONDON BRIEFING: Wizz Air expects return to profit in financial 2024

(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.