PetroTal Corp (TSXV: TAL) is one of this year’s Venture 50 companies — the company is engaged in the exploration, appraisal, and development of crude oil and natural gas in Peru, South America. It generates revenues from the sale of crude oil and royalties.

In 2019, the company produced just over 1.5 million barrels of oil. 2020 will see a capital program of USD$99 million that aims to reach 20,000 bopd.

The 2020 Venture 50 is a ranking of top performers on TSX Venture Exchange over the last year. The ranking comprises 10 companies from each of the five industry sectors, selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.

For the full 2020 Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50