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PetroTal Corp.

09:46 AM EST - PetroTal Corp. : Announced the results of its 2023 year-end reserve evaluation by Netherland, Sewell & Associates, Inc. for the Bretana oil field, operated 100% by PetroTal. All currency amounts are in United States dollars (unless otherwise stated) and comparisons refer to equivalent information as at December 31, 2022. All figures subject to rounding differences. 2P reserves value per share of USD$1.80 (CAD$2.39) (GBP1.41) 2P estimated ultimate recovery now over 117 million barrels. 1P and 2P reserves replacement ratios of 150% and 167%, respectively. 1P and 2P reserve increases of 6% and 4%, respectively. 2P reserve life of 19 years. 2P after tax NPV-10 value increased 9% since year-end 2022 to more than USD$1.6 billion. PetroTal Corp. shares T.TAL are trading up $0.01 at $0.73.