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Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

Stocks in play: PetroTal Corp.

Baystreet - Wed May 8, 11:10AM CDT

Announced the execution of a definitive agreement to acquire a 100% working interest in Peru's Block 131, including the producing Los Angeles field, through the acquisition of CEPSA Peruana, S.A.C. which represents the entire Peruvian business unit of Compania Española de Petroleos S.A.U., for a purchase price of approximately $5.0 million in cash, subject to adjustment as set forth in the Acquisition Agreement. PetroTal Corp. shares T.TAL are trading down $0.01 at $0.82.