Q1 2025 Dividend Declaration

Calgary, AB and Houston, TX - February 20, 2025 - PetroTal Corp. ("PetroTal" or the "Company") (TSX: TAL, AIM: PTAL and OTCQX: PTALF) is pleased to announce that its Board of Directors has declared a cash dividend of USD $0.015 per common share for the first quarter of 2025.

The Q1 2025 dividend is based on Q4 2024 financial results and will be paid according to the following timetable:

• Ex-Dividend date (AIM): February 27, 2025
• Ex-Dividend date (TSX): February 28, 2025
• Record date: February 28, 2025
• Payment date: March 14, 2025

The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada) and investors should note that future dividends may be subject to fluctuations up or down in accordance with the Company's return of capital policy. Shareholders outside of Canada should contact their respective brokers or registrar agents for the appropriate tax election forms regarding this dividend.

Since May 27, 2024, the settlement cycle in Canada and U.S. securities industries has been shortened from trade date plus two business days (T+2) to trade date plus one business day (T+1); as a result, PetroTal lists ex-dividend dates for both AIM and TSX shareholders.

Camilo McAllister

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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