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Petrotal Corp T.TAL

Alternate Symbol(s):  PTALF

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing development of hydrocarbons in Block 95 with a focus on the development and production from the Bretana oil field. In addition to further leads in Block 95, the Company has significant exploration prospects and leads in Block 107. The Bretana oil field is located in the Maranon Basin of northern Peru. The Company has a 100% working interest in the Bretana oil field. Block 107 has three additional leads, inclusive of the Osheki-Kametza prospect.


TSX:TAL - Post by User

Bullboard Posts
Comment by Bean_and_Dunnon Apr 27, 2019 11:45am
109 Views
Post# 29678814

RE:Barging questions

RE:Barging questionsGood questions. Here are some thoughts.

The economics are compelling. A typical 30,000-barrel tank barge can carry the equivalent of 45 rail tank cars at about one-third the cost. Compared to a pipeline, barges are cheaper by 20-35 percent, depending on the route. And for barge operators, it’s a win-win: They can transport crude oil down the Mississippi to Gulf Coast refineries and haul refined products back up the river to chemical plants and other end-users. 


source:

https://www.maritime-executive.com/magazine/CrudebyBarge-2013-10-15

84,000 BBL OIL BARGE (Ref#2696)

Built 1976, modified 10/10/1990. Class: Oil Tank Barge +A1 ABS. 357' x 68' x 24', GT: 4493, Light draft 3'6", Loaded draft 19'19". DWT: 9876LT, Light ship weight: 1928LT. Capacities: Fuel  5,000 gal, Lube oil 110 gal. 20 Cargo tanks. Cargo pumps: (3) Byron Jackson centrifugal deepwell pumps (3000 BPH), Pipeline size, above deck: 8", below deck: 10" and 12". Located West Coast USA. Price: $800,000
 

30,000 BARREL OIL TANK BARGES  (Ref#1466b)  Several Available

tank barge

Built 2006 and later, 279.5' x 54' x 12', 10'6" to 11' operating depth, several available, new certificates, double hull, meticulously maintained, permitted for Lakes, Bays and Sounds, generally operated in fresh water, fair weather, within 12 miles from shore. Restricted area for sales and use (The barges are not to be operated in the Southwest area of the US, including any gulf or river locations in Florida, Louisiana, Mississippi, Alabama, and Texas. Can be used for Northeast USA, Mid South USA, West Coast USA, and any foreign locations).

Additional information available:
  Generic General Arrangement Drawings / Profile, and Cross sections
  Generic Hermetic Gauging Diagram
  Generic Vapor Approval Letter
  Generic Ullage for the fuel oil tank and slop tank
  Generic River Class Vessel Specification:
    Current COI Info
    Strapping Tables
    Both barges are currently in services within the inland waterways of the US, specifically the Mississippi River, its tributaries, and ICW
    Inspection would be limited to walk over, afloat.
    Dry-dock inspection would require:
      Vessel removed from commerce
      Clean, and Gas free condition of the cargo tanks
                        
In order to dry-dock the vessels, a signed purchase agreement would need to be in place along with a 10% deposit of the purchase price placed into a mutually agreed escrow account; 1) If the deal is consummated, Sun will apply the deposit of dry docking-docking and loss of service into the signed purchase agreement; 2) if no deal is made, Sun will retain the 10% escrow deposit amount as to cover the cost of dry-docking and loss of use.

PRICE: $2,650,000 each


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