The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPetroTal Share News (PTAL)

Share Price Information for PetroTal (PTAL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 43.25
Bid: 42.50
Ask: 44.00
Change: 0.25 (0.58%)
Spread: 1.50 (3.529%)
Open: 43.25
High: 43.25
Low: 43.25
Prev. Close: 43.00
PTAL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Capita wins contract extension; RM notes challenges

Thu, 07th Apr 2022 22:02

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

----------

Capita PLC - London-based outsourcing services - Secures a two-year GBP50.6 million contract extension with Northern Ireland's Education Authority to deliver IT infrastructure and services for all of Northern Ireland's schools. This includes delivering local area networks, cloud services and service desk support. Capita says the extension builds on a 10-year relationship with the education authority.

----------

Augmentum Fintech PLC - investment company focussing on the financial technology sector - Notes that its investeee Grover, a Berlin-based consumer-technology subscription platform, has raised USD330 million in equity and debt funding. Augmentum says the new round values its stake in Grover at GBP42.7 million, up from GBP18.6 million at September 30. Adds the the implied valuation would represent an increase of 16.6 pence over the last published net asset value per ordinary share at September 30 of 147.7p.

----------

RM PLC - Abingdon, England-based provider of technology and resources to education sector - Says first quarter of 2022 has provided a "challenging backdrop" as a result of inflation and supply chain issues. Nonetheless, the company's full-year outlook remains unchanged. Net debt at March 31 is GBP39 million, up from GBP10 million at the same time the previous year.

----------

Caspian Sunrise PLC - Oxfordshire, England-based mining royalty company - Notes impact at well 142 as a results of civil unrest which began at the start of the year and impacted operational activity in January. Says it has not experienced any issues in transporting its oil as a result of Russian sanctions. Production at the MJF structure continues to grow, Caspian continues, with production at the end of March being approximately 2,142 barrels of oil per day. Targets to increase production to nearer 3,500 barrels of oil per day.

----------

Lekoil Ltd - Guernsey-based tin mining company focused on Nambia - Receives a winding up petition from Olalekan Akinyanmi regarding alleged "oppressive conduct" by the company, its directors and shareholders "seeking to engineer a takeover" and being in breach of financing and management agreements. Says it is taking legal advice to defend the claim.

----------

Supermarket Income REIT PLC - real estate investment trust dedicated to investing in supermarket property - Set to raise GBP175 million through a placing at an issue price of 121 pence per share. Additionally, announces a conditional offer for subscription through the PrimaryBid platform of shares at a price of 121 pence each. Company says this represents a 4.3% discount to the close price of 126.5p on Wednesday. Will use the funds to make additional investments, Supermarket Income explains.

----------

Burford Capital Ltd - London-based asset management firm - Announces a private offering of USD360 million of 6.9% senior notes due in 2030 by its wholly owned subsidiary Burford Capital Global Finance LLC. The offering is expected to close on April 11. Says it will use the proceeds for general corporate purposes, including the potential repayment of debt.

----------

ULS Technology PLC - Oxfordshire, England-based online platforms for conveyancing and financial intermediary markets - Changes its name to Smoove PLC. Company says rebranding amplifies its strategy to "simplify and revolutionise" the home moving ownership process. Its eConveyancer brand will remain, while its DigitalMove brand will be integrated into the wider eConveyancer and Smoove propositions.

----------

Chapel Down Group PLC - Kent, England-based wine maker- Wins new partnership with the England & Wales Cricket Board as its official sparkling down. Company says it is the first time the England & Wales Cricket Board have partnered with an English sparkling wine brand, with previous partnerships being with champagne.

----------

All Things Considered Group PLC - London-based music firm providing talent management, live booking and livestreaming - Expects 2021 results to be in line with expectations. Anticipates revenue and other operating income of GBP9.9 million, up 23% from GBP8.0 million in 2020. Expects an adjusted loss before tax and non-controlling interests of GBP2.8 million, widening from a loss of GBP400,000 the previous year. Says current trading outlook remains positive.

----------

Maintel Holdings PLC - London-based cloud and managed service specialist - Appoints Gabriel Pirona as chief financial officer from May 2. Prior to joining Maintel, Pirona was CFO at Agilisys, a London-based IT software and business services provider.

----------

PetroTal Corp - Calgary, Canada-based oil and gas company focused on Peru - Notes the Peruvian government has reached an agreement with a protest group which has been PetroTal's loading dock. The group has now lifted the blockade near the company's loading dock. Says its oil barge was ready to arrive within hours of the dock reopening. Adds first priority is to unload 90,000 barrels of crude oil before ramping production back up over a five to seven day period. PetroTal produced over 1 million barrels of oil in the first quarter of 2022 despite, the company notes, being significantly constrained for most of March.

----------

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
17 Nov 2022 17:41

PetroTal oil barrel sees higher oil production; expects increase

(Alliance News) - PetroTal Corp reported on Thursday that its oil barrel production in the third quarter of 2022 went up.

Read more
3 Nov 2022 14:30

PetroTal celebrates Bretana testing with better than expected results

(Alliance News) - PetroTal Corp on Thursday said it was optimistic of good oil-in-place estimates after successful testing at its thirteenth well in the Bretana oil field.

Read more
3 Nov 2022 11:34

PetroTal announces testing success at well 13H

(Sharecast News) - PetroTal announced the successful testing results of well 13H, its 13th producing well, on Thursday, reporting that it tested at about 8,000 barrels of oil per day over its first week of production.

Read more
13 Oct 2022 13:04

PetroTal reports second-best quarter of production

(Sharecast News) - PetroTal updated the market on operations in its third quarter on Thursday, reporting production of 1.12 million barrels, or 12,229 barrels of oil per day, making for its second-best producing quarter to date.

Read more
8 Sep 2022 15:59

UK shareholder meetings calendar - next 7 days

Friday 9 September 
Baillie Gifford UK Growth Trust PLCAGM
BH Macro LtdAGM
CLS Holdings PLCGM re tender offer
Gear4Music Holdings PLCAGM
Newcrest Mining LtdAGM
Pensana PLCAGM
ReNeuron Group PLCAGM
SVM UK Emerging Fund PLCAGM
Victoria Oil & Gas PLCAGM
Voyager Life PLCAGM
Monday 12 September 
Haydale Graphene Industries PLCGM re fundraising
SDCL Energy Efficiency Income Trust PLCAGM
Warehouse REIT PLCAGM
Tuesday 13 September 
Alpha Financial Markets Consulting PLCAGM
Industrials REIT LtdAGM
Mercia Asset Management PLCAGM
R&Q Insurance Holdings LtdSGM
Rockwood Strategic PLCAGM
Wizz Air Holdings PLCAGM
Wednesday 14 September 
Augmentum Fintech PLCAGM
B90 Holdings PLCAGM
Best of the Best PLCAGM
Dev Clever Holdings PLCAGM
Fulcrum Utility Services LtdAGM
Grafenia PLCAGM
Hornby PLCAGM
Marlowe PLCAGM
Purplebricks Group PLCAGM
Sutton Harbour Group PLCAGM
Thursday 15 September 
Altitude Group PLCAGM
Auto Trader Group PLCAGM
Blue Planet Investment Trust PLCAGM
Civitas Social Housing PLCAGM
finnCap Group PLCAGM
FRP Advisory Group PLCAGM
Kinovo PLCAGM
PetroTal CorpAGM
Predator Oil & Gas Holdings PLCAGM
Real Estate Credit Investments LtdAGM
Ryanair Holdings PLCAGM
Sosandar PLCAGM
Supreme PLCAGM
VSA Capital Group PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
25 Aug 2022 12:56

PetroTal reports several financial records in second quarter

(Sharecast News) - PetroTal reported record second-quarter revenue on Thursday, with oil revenue rising to $118.4m, compared to $42.8m a year earlier.

Read more
25 Aug 2022 11:19

AIM WINNERS & LOSERS: PetroTal revenue surges; IOG cuts guidance

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Read more
25 Aug 2022 10:36

PetroTal triples interim net income on rising oil prices

(Alliance News) - PetroTal Corp on Thursday reported crude oil revenue jumping in the first half of 2022, boosted by high growth in oil prices.

Read more
5 Jul 2022 10:14

PetroTal shares rise with record quarterly production

(Alliance News) - PetroTal Corp shares rose on Tuesday after the company reported record production that surpassed guidance for its second quarter.

Read more
16 Jun 2022 13:38

IN BRIEF: PetroTal tenders 720,000 barrels of oil following delays

PetroTal Corp - Houston, Texas-based oil and gas company - Reports that around 720,000 barrels of Bretana oil has now been tendered at the Bayovar port by Petroperu for July lifting. This follows an accelerated and temporary re-opening of section two of the Northern Peruvian pipeline, which had been closed as a result of maintenance operations. Section one remains closed between pump stations one and five due to delays from ongoing social protests, it adds.

Read more
16 Jun 2022 11:28

PetroTal upbeat on sales developments in Peru

(Sharecast News) - PetroTal updated the market on its sales on Thursday, with 720,000 barrels of oil under contract for export from Bayovar by Petroperu for the July lifting.

Read more
26 May 2022 21:37

EARNINGS UPDATES: RA International and Watchstone swing to annual loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
26 May 2022 11:40

PetroTal reports record production, net income in first quarter

(Sharecast News) - PetroTal reported record quarterly production on Thursday, of 11,746 barrels of oil per day in its first quarter, and record quarterly sales of 15,518 barrels per day, up a respective 60% and 80% year-on-year.

Read more
28 Apr 2022 16:10

EARNINGS UPDATES: Brave Bison notes first profit; Angle widens loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
28 Apr 2022 09:56

PetroTal achieves four-year production target in December

(Sharecast News) - PetroTal said in an update on Thursday that it achieved production of 8,966 barrels of oil per day and sales of 8,449 barrels per day in 2021, up 58% and 48% year-on-year, respectively.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.