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Petrotal Corp PTALF


Primary Symbol: T.TAL

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

Comment by Kramerkarmaon Apr 14, 2021 10:28pm
150 Views
Post# 32998426

RE:RE:RE:System Moderates Once In Office

RE:RE:RE:System Moderates Once In Office
https://www.jdsupra.com/legalnews/presidential-runoff-in-peru-6684197/ "in which the Government occupies an active role as a business owner and market regulator. This implies, in his vision, a new Constitution, the absolute prohibition of private monopolies, and limits to contracting with transnational companies, amongst other measures. Mr. Castillos plans also include the nationalization of strategic economic sector such as mining, gas, petrol, energy and communications, if companies chose not to agree with the new terms that his Government would set in force. The candidate has stated in multiple opportunities that he seeks to modify abusive contracts between the Government and multinational companies, indicating that tax regimes will be changed in order to ensure that revenues remain in the country and are reinvested here."
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