Calgary, Alberta and Houston, Texas–(Newsfile Corp. – December 9, 2019) – PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (“PetroTal” or the “Company“) announces that, following the acquisition of the business and assets of FirstEnergy Capital LLP (“GMP FirstEnergy”) by Stifel Nicolaus Europe Limited (“Stifel”), the Company’s joint corporate brokers are now Stifel and Numis Securities Limited. Strand Hanson Limited continues to act as the Company’s Nominated & Financial Adviser.
PetroTal is a publicly‐traded, dual‐listed (TSXV: TAL) (AIM: PTAL) oil and gas development and production company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru. PetroTal’s flagship asset is the Bretaña oil field in Peru’s Block 95 where oil production was initiated in June 2018, six months after acquisition. Additionally, the Company has large exploration prospects and is engaged in finding a partner to drill the Osheki prospect in Block 107. The Company’s management team has significant experience in developing and exploring for oil in Northern Peru and is led by a Board of Directors that is focused on safely and cost effectively developing the Bretaña oil field.
For further information, please see the Company’s website at www.petrotal-corp.com or the Company’s filed documents at www.sedar.com.
For further information, please contact:
Executive Vice President and Chief Financial Officer
T: (713) 609-9101
President and Chief Executive Officer
T: (713) 609-9101
Mark Antelme / Jimmy Lea
T : 44 (0) 208 434 2643
Strand Hanson Limited (Nominated & Financial Adviser)
James Spinney / Ritchie Balmer / Eric Allan
T: 44 (0) 207 409 3494
Numis Securities Limited (Joint Broker)
John Prior / Emily Morris
T: +44 (0) 207 260 1000
Stifel Nicolaus Europe Limited (Joint Broker)
Tel: +44 (0) 20 7710 7600
This announcement does not contain inside information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
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