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Stocks in play: PetroTal Corp.

Baystreet - Mon Jul 14, 2025

Provided the following operational and financial updates. All amounts are in U.S. dollars unless stated otherwise. Group production averaged approximately 21,039 barrels of oil per day in Q2 2025, a 15% increase over the same period last year. H1 2025 production averaged approximately 22,160 bopd, a 20% increase over H1 2024. Paid a regular quarterly dividend of $0.015 per share on June 13, bringing YTD and cumulative returns of capital to shareholders to approximately $30 million and $140 million, respectively. Total cash of $142.1 million as of June 30, 2025, including $31.9 million held in escrow from the first tranche of the previously announced COFIDE term loan. PetroTal Corp. shares T.TAL are trading unchanged at $0.69.