PetroTal Amplifies its Financial Position with Sizeable Share Buyback Transaction

In a move reinforcing its financial stability, PetroTal Corp., renowned as a force in the realm of oil and gas development, has carried out a notable share buyback transaction. This tri-quoted company (TSX: TAL, AIM: PTAL and OTCQX: PTALF), with a steadfast focus on developing oil assets in Peru, has once again demonstrated its unwavering fiscal acumen. As per the announcement on May 19, 2025, the company, in agreement with the terms of its share repurchase programme that was initially announced in 2024 and amended in April 2025, has acquired 35,382 common shares with no par value through Stifel Nicolaus Europe Limited.

This recent move of share repurchase demonstrates a profound faith in the company's prospects and reveals a strong appetite for a return of value to its shareholders. The announcement indeed comes as a bellwether indicating the company's firm footing despite the sector's inherent volatility. In the tumultuous energy sector, such a financial manoeuvre is seen as a way of underlining the company's confidence in its future.

PetroTal Corp, headquartered in Calgary, Alberta, has a sterling reputation for its significant oil endeavours, with its flagship asset being a fully operational 100% working interest in the Bretana oil field located in Peru’s Block 95. Since the start-up of oil production in June 2018, PetroTal emerged as the largest crude oil producer in Peru by early 2022. Backed by a management team rich in experience in Peru's oil exploration and development, the company'S board’s primary focus lies in the safe, cost-effective development of the Bretana oil field.