PetroTal Corp (TSE:TAL) has released an update.
PetroTal Corp., a leading oil and gas company with a focus on Peruvian assets, has recently executed a share buyback, purchasing 12,924 common shares at 37.000 pence each, with plans to cancel these repurchased shares. This move will leave PetroTal with 913,246,106 common shares in issue, affecting the company’s total voting rights. PetroTal, which initiated oil production in June 2018 and became Peru’s largest crude oil producer by early 2022, continues to focus on developing the Bretana oil field.
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