Petrotal Corp T.TAL

Interesting: Page 48, Year End Reporting Package

[Bean_and_Dunn]

It lists settlement months and prices.

                    Barrels       Sale Price

Apr  2021   226,793            33.73 
May 2021   133,094            33.73
May 2021   212,828            26.63
May 2021   286,211            32.41
May 2021          960            32.41
Jun 2021      48,566            32.41
       "             37.402            43.22      
       "             16,594            45.01
       "                  895            41.87
       "            130,017           41.52
       "              88,543           43.98
       "              38,106           50.22

Total Barrels 1,220,009 of these approximately 900,000 sold for nearly $30 below today's market prices Brent $66.77. This will bring about US $30 million into TAL's treasury. This will not show up in the first quarter statements except as a footnote i.e. the balance sheet will not be affected until the end of the second quarter.

Thirty Million Dollar is very significant item on TAL's books. Investors should take note.

Bean & Dunn