Petrotal Corp T.TAL

Alternate Symbol(s): PTALF

Energy Oil & Gas E&P

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

Petrotal Corp

Bullboard Posts

Comment by Bean_and_Dunnon Apr 11, 2020 2:01pm

70 Views

Post# 30899160

RE:Further Research

You are within the ballpark in regards the Royalty Rate. It is a sliding scale. In November it was 0.054918.

Another interesting web page:

https://www.perupetro.com.pe/wps/portal/corporativo/PerupetroSite/prensa/informe%20mensual%20detallado%20de%20actividades/!ut/p/z1/pZLLCsIwEEW_pR8gk9Q0dlutWIutra_W2UgXIgWtguL3m4i4643grBI4h7mTDDHVxF3zbE_No712zdnc96wPuT9VSaJkOiuyUJRqE6cbc0gTSdUbED0VCWLgx-rj9wByoZCfhD72LQB8mY8c_iSA_YuhI79pAPxVrrFvAcbxcH4TEL3_ztHfAsgfO-a3wD__bwH-Zf8AwHg9K2IXwiiDXgYYKH2NgazUtD7e6XbZfqsW7XwQed4LHVbPmg!!/dz/d5/L2dBISEvZ0FBIS9nQSEh/

The chart below was created from the numbers supplied. I do not quite understand the revenue figures yet. Petrotel supplies lower numbers in their reports.

			US$
2019	B/D	MonthlyTotal	Prod. Value	Royalty	Q'ly Total
December	8,620	267,216	13,006,554	729,829
November	8,068	242,034	12,173,076	668,515
October	6,289	194,945	10,218,151	553,245	35,397,781
September	4,948	148,440	8,147,091	408,655
August	5,132	159,098	8,328,214	422,799
July	4,395	136,231	7,692,750	384,638	24,168,055
June	4,321	129,626	7,194,499	359,725
May	2,848	88,291	5,423,488	271,172
April	1,711	51,342	3,216,402	160,820	15,834,389
March	968	30,012	1,667,153	83,358
February	949	26,583	1,405,571	70,279
January	807	25,007	1,205,985	60,299	4,278,709
Totals		1,498,825	79,678,934