Manolo Calls for Immediate Action!! Manolo fights for all shareholders interests!!
https://rpp.pe/peru/actualidad/petrotal-pide-intervencion-del-presidente-pedro-castillo-para-evitar-el-cierre-del-lote-95-noticia-1372193 Google translate : PetroTal asks for the intervention of President Pedro Castillo to avoid the closure of Lot 95 The president and CEO of PetroTal, Manuel Ziga-Pflcker, expressed his concern about the possible closure of the deposit in Lot 95 that operate in Loreto, a situation that would mean the loss of jobs and millions of soles of investment in the area. November 30, 2021 10:20 AM Updated on November 30, 2021 10:20 AM PetroTal asks President Pedro Castillo for meeting over protests against production in Loreto The president and CEO of PetroTal, Manuel Ziga-Pflcker, expressed his concern about the possible closure of the deposit in Lot 95 that operate in Loreto, a situation that would mean the loss of employment of the people who work in that place, as well as around 500 million soles of investment that is estimated as an investment for the other year. "PetroTal has been investing heavily in Lot 95. This year we are reaching 400 million soles of investment, we are proposing to our board to increase this above 500 million for next year and now with this social situation they may not approve it and it must be solved immediately, "he said. In an interview with RPP Noticias,the businessman commented that they have promoted three initiatives, one of this is the change of the distribution of the mining canon in Loreto,which has not been changed for more than 20 years, in addition to the promotion of a social fund of 2.5% of the value of the production, with all the guarantees and transparency for the management of this amount. "Lot 95 has only been producing for three years, it is a new lot, it handles all operations impeccably, but you have lots, such as 8 and 192, which have produced more than one billion barrels (but) the communities are a disgrace. It's because they've never been given the resources and communities have never been empowered to control their destiny, so they always have to be begging the state to do something," he said. PetroTal asks President Pedro Castillo for a meeting The company PetroTal requested a meeting with the President of the Republic, Pedro Castillo,to propose emergency measures in the face of a series of demonstrations, which they considered affect the work of oil exploitation in Lot 95 and that would generate an imminent paralysis of its operations. Through a statement, the company asked for the intervention ofthe Executive in the demonstrations against its production in Lot 95,which could be affected if the threats of the demonstrators increase. They pointed out that they have been facing demonstrations in Lot 95 for weeks, which they attribute to the dissatisfaction of the communities,which demand to benefit from the exploitation of crude oil. "(We consider) the intervention of the president fundamental due to the imminence of the paralysis of operations due to the threats that loom over armed mobs that claim benefits in favor of the population," they said. In that line, they commented that they have had to communicate to the stock market the beginning of a process of total paralysis, if the protests do not stop. "In recent days the company has seen the need to communicate to the stock market the beginning of the process of a total stop of production, in case the aforementioned protest is not lifted as soon as possible," they said.