PetroTal Corp. PetroTal Advises of Earthquake in Northern Peru (8506T)
29 11월 2021 - 4:00PM
UK Regulatory
TIDMPTAL
RNS Number : 8506T
PetroTal Corp.
29 November 2021
PetroTal Advises of Strong Earthquake in Northern Peru
PetroTal reports no damage or injuries
Calgary, AB and Houston, TX - November 29, 2021- PetroTal Corp.
("PetroTal" or the "Company") (TSX-V: TAL, AIM: PTAL and OTC:
PTALF) advises that a 7.5 magnitude earthquake hit northern Peru
early Sunday November 28, 2021 with the epicenter approximately
98km from the town of Santa Maria de Nieva and 400km from
Bretana.
PetroTal's production facilities were not damaged, and the
Company reported no injuries related to the earthquake. Earthquakes
are relatively common in Peru and PetroTal's development platform
and related facilities are designed to withstand earthquakes of
equal or greater scale.
The social unrest disruption, as reported by the Company on
November 24, 2021 remains ongoing, with production rates being
managed to align with remaining storage capacity. Further updates
will be provided as and when known.
ABOUT PETROTAL
PetroTal is a publicly traded, tri--quoted (TSXV: TAL, AIM: PTAL
and OTC: PTALF) 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 its 100% working
interest in Bretana oil field in Peru's Block 95 where oil
production was initiated in June 2018. In early 2020, Petrotal
became the second largest crude oil producer in Peru. The Company's
management team has significant experience in developing and
exploring for oil in Peru and is led by a Board of Directors that
is focused on safely and cost effectively developing the Bretana
oil field. It is actively building new initiatives to champion
community sensitive energy production, benefiting all
stakeholders.
For further information, please see the Company's website at
www.petrotal-corp.com , the Company's filed documents at
www.sedar.com , or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt Communications
Mark Antelme / Jimmy Lea
petrotal@celicourt.uk
T : 44 (0) 208 434 2643
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: 44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
Tel: +44 (0) 20 7710 7600
Auctus Advisors LLP (Joint Broker)
Jonathan Wright
T: +44 (0) 7711 627449
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END
MSCUKVNRAAUAURA
(END) Dow Jones Newswires
November 29, 2021 02:00 ET (07:00 GMT)
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