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 > New Press Release - PetroTal Announces Voting Results of Shareholders' Meeting and Operational Updates

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Comment by geezer21on Jun 20, 2023 2:14am

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Post# 35504532

RE:New Press Release - PetroTal Announces Voting Results of Shareholders' Meeting and Operational Updates

Very nice production. News release said:

"PetroTal quickly ramped up production averaging nearly 22,000 barrels of oil per day ("bopd") for the past seven days. Though the river blockade disrupted operational logistics, the Company anticipates being able to maintain production near 22,000 bopd, subject to barge availability, over the coming weeks. At these levels, the Company estimates that average production during Q2 2023 would be 5% higher than the 17,000 bopd production guidance previously given."

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