Board Appointment

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Emily Morris to join PetroTal's board of directors

Calgary, AB and Houston, TX - October 12, 2023-PetroTal Corp. ("PetroTal" or the "Company") (TSX: TAL, AIM: PTAL and OTCQX: PTALF) is pleased to announce that Emily Morris has joined the PetroTal board of directors.

Emily Morris Appointed to PetroTal's Board

The Company welcomes Emily Morris, who was recently appointed to PetroTal's Board. Ms. Morris joins as an independent non-executive director, bringing over 20 years of experience in energy capital markets, M&A and ESG to the Board. Ms. Morris is currently a private corporate finance consultant, having previously led the energy team for a number of investment banks in London. Her career spans equity research, fund management, sales, corporate broking and advisory across the energy and resources sectors.

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

"I would like to extend a very warm welcome to Emily Morris who has now joined the Company's board of directors. Her past experience in M&A and corporate finance should help guide the Company's capital allocation strategies for years to come."

Emily Morris (previous name Emily Matthews) (aged 47)

Current Directorships	Directorships held over the past 5 years
Brillington Limited	The African Foundation For Resources & Industry

Other than the information contained within this announcement, there is no further information required to be disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.

Upcoming Marketing Events

Schachter Energy Conference - October 14, 2023 in Calgary, Alberta
Canaccord TSX Conference - October 17, 2023 in Toronto, Ontario

Douglas Urch

Executive Vice President and Chief Financial Officer

Manolo Zuniga

President and Chief Executive Officer

PetroTal Investor Relations

Celicourt Communications

Mark Antelme / Jimmy Lea

Strand Hanson Limited (Nominated & Financial Adviser)

Ritchie Balmer / James Spinney / Robert Collins

Stifel Nicolaus Europe Limited (Joint Broker)

Callum Stewart / Simon Mensley / Ashton Clanfield

Peel Hunt LLP (Joint Broker)

Richard Crichton / David McKeown / Georgia Langoulant

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