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PetroTal - PTAL - Growing oil production
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
- Has thanked: 58 times
- Been thanked: 389 times
-
- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
- Has thanked: 58 times
- Been thanked: 389 times
Re: PetroTal - PTAL - Growing oil production
Virtual Meeting to be Held on September 9, 2020
Calgary, Alberta and Houston, Texas--(Newsfile Corp. - August 4, 2020) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce that a management information circular (the "Circular") and other materials in respect of its annual general and special meeting (the "Meeting") of holders ("Shareholders") of its common shares ("Shares") have been filed on the Company's profile on SEDAR at www.sedar.com. The Meeting will be held solely by means of remote communication by webcast at http://www.gowebcasting.com/10771 and by telephone at Canada/USA Toll Free: 1-800-319-4610 International Toll: +1-604-638-5340 on September 9, 2020 at 10:00 a.m. (Calgary time).
At the Meeting, Shareholders will be asked to consider for approval, among other things, a resolution authorizing the Board of Directors, at its discretion, to proceed with a potential consolidation of the Shares on the basis of a ratio of between four and eight pre-consolidation Shares for each one post-consolidation Share (the "Consolidation").
The Consolidation is subject to approval of the TSX Venture Exchange (the "TSXV") and Shareholders at the Meeting. If these approvals are received and the Board of Directors determines to proceed, the Consolidation will occur at a time determined by the Board and announced by a press release of the Company. The Company believes that the Consolidation, if implemented, will promote increased liquidity and reduced volatility in the trading of the Shares.
The Company currently has 814,555,701 issued and outstanding Shares. In the event that the Consolidation is completed, for example, on a four for one basis, the Company would have approximately 203,638,925 Shares outstanding following the Consolidation. In addition, the exercise price and number of Shares issuable upon the exercise of any convertible securities would be proportionally adjusted upon the implementation of the Consolidation.
Further details on the reasoning for the Consolidation and the other matters to be considered at the Meeting are contained in the Circular.
Calgary, Alberta and Houston, Texas--(Newsfile Corp. - August 4, 2020) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) ("PetroTal" or the "Company") is pleased to announce that a management information circular (the "Circular") and other materials in respect of its annual general and special meeting (the "Meeting") of holders ("Shareholders") of its common shares ("Shares") have been filed on the Company's profile on SEDAR at www.sedar.com. The Meeting will be held solely by means of remote communication by webcast at http://www.gowebcasting.com/10771 and by telephone at Canada/USA Toll Free: 1-800-319-4610 International Toll: +1-604-638-5340 on September 9, 2020 at 10:00 a.m. (Calgary time).
At the Meeting, Shareholders will be asked to consider for approval, among other things, a resolution authorizing the Board of Directors, at its discretion, to proceed with a potential consolidation of the Shares on the basis of a ratio of between four and eight pre-consolidation Shares for each one post-consolidation Share (the "Consolidation").
The Consolidation is subject to approval of the TSX Venture Exchange (the "TSXV") and Shareholders at the Meeting. If these approvals are received and the Board of Directors determines to proceed, the Consolidation will occur at a time determined by the Board and announced by a press release of the Company. The Company believes that the Consolidation, if implemented, will promote increased liquidity and reduced volatility in the trading of the Shares.
The Company currently has 814,555,701 issued and outstanding Shares. In the event that the Consolidation is completed, for example, on a four for one basis, the Company would have approximately 203,638,925 Shares outstanding following the Consolidation. In addition, the exercise price and number of Shares issuable upon the exercise of any convertible securities would be proportionally adjusted upon the implementation of the Consolidation.
Further details on the reasoning for the Consolidation and the other matters to be considered at the Meeting are contained in the Circular.
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
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Re: PetroTal - PTAL - Growing oil production
Bad news.
Three protestors killed. PTAL shut down production following protests and deaths at Lot95.
https://wkzo.com/news/articles/2020/aug ... tion=world
Three Amazon tribesmen in Peru killed during protest against oil firm
Sunday, August 09, 2020 5:26 p.m. EDT by Thomson Reuters
LIMA (Reuters) - At least three indigenous people from Peru's Amazon region were killed and 17 other residents and police injured in a conflict with Canadian energy company PetroTal Corp, Interior Minister Jorge Montoya said on Sunday.
PetroTal announced it had halted operations at its production field in the Loreto region of northeast Peru, where it usually extracts about 12,000 barrels of crude daily.
The clash between local tribesmen a.................
Three protestors killed. PTAL shut down production following protests and deaths at Lot95.
https://wkzo.com/news/articles/2020/aug ... tion=world
Three Amazon tribesmen in Peru killed during protest against oil firm
Sunday, August 09, 2020 5:26 p.m. EDT by Thomson Reuters
LIMA (Reuters) - At least three indigenous people from Peru's Amazon region were killed and 17 other residents and police injured in a conflict with Canadian energy company PetroTal Corp, Interior Minister Jorge Montoya said on Sunday.
PetroTal announced it had halted operations at its production field in the Loreto region of northeast Peru, where it usually extracts about 12,000 barrels of crude daily.
The clash between local tribesmen a.................
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
- Has thanked: 58 times
- Been thanked: 389 times
Re: PetroTal - PTAL - Growing oil production
https://www.argusmedia.com/en/news/2135 ... ial-outlay
PetroTal restart in Peru hinges on social outlay
Published date: 25 August 2020
Canadian independent PetroTal is waiting for Peru's government to implement an accord with indigenous communities so it can reopen its 10,000 b/d block in the northern jungle.
PetroTal was forced to shut in..........................
PetroTal restart in Peru hinges on social outlay
Published date: 25 August 2020
Canadian independent PetroTal is waiting for Peru's government to implement an accord with indigenous communities so it can reopen its 10,000 b/d block in the northern jungle.
PetroTal was forced to shut in..........................
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- Lemon Quarter
- Posts: 1372
- Joined: November 15th, 2016, 6:04 am
- Has thanked: 58 times
- Been thanked: 389 times
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