PetroTal Announces Q3 2025 Operations and Financial Updates

Calgary, Alberta and Houston, Texas--(Newsfile Corp. - October 14, 2025) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to provide the following operational and financial updates. All amounts are in US dollars unless stated otherwise.

Key Highlights

-	Group production averaged 18,414 barrels of oil per day ("bopd") in Q3 2025, a 21% increase over Q3 2024;
-	2025 YTD production has averaged 20,894 bopd, also a 21% increase over the first nine months of 2024;
-	Paid a regular quarterly dividend of $0.015 per share on September 12, bringing YTD returns of capital to shareholders to approximately $45 million;
-	Total cash of $141.5 million as of September 30, 2025, of which $108.8 million is unrestricted.

 

Manuel Pablo Zuniga-Pflucker, President and Chief Executive Officer, commented:

"PetroTal's preliminary Q3 results show that the Company continues to deliver steady YoY production growth, even though the Bretana field has been producing below capacity for a substantial portion of the third quarter. I am confident that our technical team has addressed the root cause of the previously disclosed leaks in our production tubing and am pleased to report that a service rig is already back on site, preparing to replace the faulty tubing. We look forward to providing additional updates on our development program with the release of our full Q3 2025 financials on November 13."

Q3 2025 Production and Operations Update

PetroTal's group production averaged 18,414 bopd in Q3 2025, including 17,938 bopd from the Bretana field (Block 95; PetroTal 100% WI) and 476 bopd from the Los Angeles field (Block 131; PetroTal 100% WI). Bretana field production decreased by approximately 2,600 bopd relative to the prior quarter but increased approximately 2,800 bopd relative to the same period last year. Meanwhile, Los Angeles field production declined by approximately 50 bopd compared to Q2 2025. PetroTal's cumulative annual production through September 30 amounted to just over 5.7 million barrels, approximately 21% higher than the first nine months of 2024.