PetroTal Corp. announce leadership team updates. Effective April 24, 2024, Mr. Camilo McAllister joins the company as Chief Financial Officer.

Camilo McAllister brings over 25 years of experience in the international energy sector to his role as a strategic executive of the Company. His leadership has spanned roles across North America, Latin America, and the UK, across various companies, including BP, Ecopetrol S.A., Frontera Energy, and Constellation. He most recently served as Group Chief Financial Officer at Constellation.

He holds an MBA from The Fuqua School of Business at Duke University. Mr. McAllister has a strong track record across finance, strategy, and operations. He has developed collaborative, high-performing teams and has shown a commitment to the highest standards of governance and compliance for stakeholders.

Mr. McAllister's ability to forge strategic relationships has secured critical funding and collaboration across diverse business cultures. Mr. McAllister will be based in Houston and will also spend time in Lima, in line with its policy of ensuring senior management work closely with our operational and finance teams in-country. Concurrent with the appointment, Mr. Douglas Urch is retiring as it's Executive Vice President and Chief Financial Officer, positions he held since November 2019.

Mr. Urch will continue to work with the Company to ensure a smooth transition period. As one of the original investors in the company, Mr. Urch initially served on the Board from 2017 until 2019 and then as Chief Financial Officer. Having over 35 years of experience leading the financial, compliance and regulatory aspects for a variety of international energy companies, Mr. Urch has been instrumental in the growth and success of the company.