PetroTal (TAL) Investor presentation summary

Strategic overview and leadership

• Focused on developing oil assets in Peru, with the Bretaña oil field as the flagship property in the Marañon Basin.

• Operates with a seasoned executive team and board, bringing decades of experience in petroleum engineering, finance, operations, and sustainability.

• Committed to strengthening Peru socially and economically through responsible operations.

Operational and financial performance

• 2026 production guidance set at 12,000 bopd, with Q1 2026 production at 14,900 bopd and FY 2025 actual at 19,473 bopd.

• Market capitalization of $360M, available cash of $112M, and net operating income of $90M as of early 2026.

• Capital expenditure budget for 2026 is $85-90M, with a targeted 20-25% reduction in opex and G&A expenses.

• 2026 budget aims to maintain a minimum $60M cash balance and align capital spending with internal cash flows.

Asset base and reserves

• 31 mmbbls produced from Bretaña since inception, with 110 mmbbls of 2P reserves and $908M remaining 2P investment.

• Bretaña field has a 9.3-year 1P reserve life index and a 2P after-tax PV10 valuation of $1.2B ($1.89/share).

• Consistent well performance and robust type curves, with horizontal wells achieving rapid payback and strong economics.