PetroTal Corp : PetroTal Announces Completion of US$100 Million Senior Secured Bond Issue finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
PetroTal advises of Gran Tierra ownership reduction
PetroTal” or the “
Company“) advises that, as announced by Gran Tierra Energy Inc. (“GTEI”) on January 20, 2021, Gran Tierra Resources Limited (“GTRL”) has sold an aggregate of 109,006,250 common shares in the Company (“Common Shares”). The Company understands that multiple entities purchased the shares sold by GTRL and that, following the sale, GTRL continues to hold 137,093,750 Common Shares, representing 16.8% of PetroTal’s issued and outstanding Common Shares. PetroTal was not a party to the agreements and did not receive any proceeds from the sale transactions.
Source: PR Newswire
The Company has 816,167,379 Common Shares in issue and there are no shares held in treasury. For purposes of the Disclosure Guidance and Transparency Rules, the total number of voting rights (TVR) in the Company is 816,167,379. This figure may be used by shareholders as the denominator for the calculations by which they determi
PetroTal Corp.: PetroTal Q4 2020 Operations Update
Calgary, Alberta and Houston, Texas (Newsfile Corp. - January 7, 2021) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (
PetroTal or the
Company ) is pleased to announce that following the recommencement of operations of Petroperu s Northern Oil Pipeline ( ONP ), oil production at the Bretana oil field is currently at 9,500 barrels per day ( bopd ) and expected to reach 10,000 bopd in the next few days. Total oil production for 2020 was 2.08 million barrels (5,675 bopd), as compared to 1.5 million barrels (4,131 bopd) in 2019. All amounts herein are in United States dollars ( US$ ) unless otherwise stated.
Highlights
Total oil produced in 2020 was 2.08 million barrels (5,675 bopd), significantly impacted by the Covid-19 pandemic and ensuing social unrest;
James Spinney / Ritchie Balmer
Callum Stewart / Simon Mensley / Ashton Clanfield
Tel: +44 (0) 20 7710 7600
Jonathan Wright / Rupert Holdsworth Hunt / Harry Baker
T: +44 (0) 7711 627449
FORWARD‐LOOKING STATEMENTS: This press release contains certain statements that may be deemed to be forward‐looking statements. Such statements relate to possible future events, including, but not limited to: PetroTal s business strategy, objectives, strength and focus; increased oil production volumes due to the reopening of the Bretana oil field and resumption of oil production therefrom; the effects and duration of the Funding Agreement; PetroTal s plans regarding community support, the environmental and corporate governance; and the ongoing effects of Covid-19 on the Company and its employees. All statements other than statements of historical fact may be forward‐looking statements. Forward‐ looking statements are often, but not a