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Bullboard - Stock Discussion Forum 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... see more

TSX:TAL - Post Discussion

Petrotal Corp > I wish you were right, Geezer. What would be best for
View:
Post by drunk@noon on Jun 20, 2023 10:25am

I wish you were right, Geezer. What would be best for

shareholders is that petrotal has lost any say in how the funds are deployed though this Acta ro whatever it's called. That would leave Perez and the crook govenor of loreta to fill their pockets, and it would appease Perez and serve it's purpose of putting an end to conflict. As long as the status quo going forward is Petrotal management being shut out and thus Manolo is unhappy, but Perez is happy, it's a win win for shareholders. Is that your reading on it?
Comment by geezer21 on Jun 20, 2023 3:46pm
Yes that is how I see this alliance agreement.  With Petrotal out what happens to deployment of the funds will be solely on the committee.  They will only have themselves to account for. How they manage it is totally up to them.  Hijacking barges will not work any longer because hijacking will create internal divisions within the committee.  It will no longer be seen as ...more  
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