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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 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

Post by Bean_and_Dunnon Feb 26, 2022 11:19am
194 Views
Post# 34464327

The latest news release translation included.

The latest news release translation included.
  • Declared the leader James Prez, adding that they are being fiercely persecuted by the State.


And his words should be taken seriously. The outlook in the oil zones of this region is extremely bleak. Block 95, which belongs to Brittany/Requena, is the only one that has been producing hydrocarbons in recent months.https://diariolaregion.com/web/si-el-petroleo-va-a-servir-para-criminalizar-lucha-del-pueblo-entonces-loreto-tendra-que-dejar-de-producirlo/
And that only production, starting next week, would be paralyzed because the San Lorenzo prosecutor's office has been compulsively summoning indigenous leaders to testify for crimes they have not committed. And rather, those who do commit them are treated with “silk gloves”.
The platform with many points about the development of the indigenous communities, in the context of oil exploitation, would be left aside so that only in the PCM the subject of the persecution that has been registered against the main leaders is exposed.
“We are being fiercely persecuted by the State. In the fight for Lot 95 we have 3 dead and 10 wounded, however, that process is truncated, it is not advancing. But the San Lorenzo (Datem del Maran) prosecutor's office is summoning us up to 3 times quickly and they would already be close to requesting preventive detention since they accuse us of very serious crimes,” says Prez.Declared the leader James Prez, adding that they are being fiercely persecuted by the State.

 
And his words should be taken seriously. The outlook in the oil zones of this region is extremely bleak. Block 95, which belongs to Brittany/Requena, is the only one that has been producing hydrocarbons in recent months.
And that only production, starting next week, would be paralyzed because the San Lorenzo prosecutor's office has been compulsively summoning indigenous leaders to testify for crimes they have not committed. And rather, those who do commit them are treated with “silk gloves”.
The platform with many points about the development of the indigenous communities, in the context of oil exploitation, would be left aside so that only in the PCM the subject of the persecution that has been registered against the main leaders is exposed.
“We are being fiercely persecuted by the State. In the fight for Lot 95 we have 3 dead and 10 wounded, however, that process is truncated, it is not advancing. But the San Lorenzo (Datem del Maran) prosecutor's office is summoning us up to 3 times quickly and they would already be close to requesting preventive detention since they accuse us of very serious crimes,” says Prez.
On Monday they have a meeting with representatives of the PCM, will they go?
-We are evaluating that possibility, or suddenly we reject that dialogue with the State. They want to dialogue in peace, but at the same time they are persecuting us as criminals and putting us in jail, that is not acting honestly.
There is talk that they will again paralyze oil activity in Lot 95, which is practically the only one that is producing most of the oil, is that right?
-That possibility is definitely being evaluated, because if oil is going to serve to criminalize the leaders and neighbors who have been defending our rights, then we do believe that there will be no more oil activity in Loreto.
If the State wants the companies to continue operating, they will have to withdraw those criminal complaints, otherwise there will be no more oil in Loreto. This Sunday (tomorrow) people will be beginning to concentrate in Brittany and on Monday agreements will be made.

On Monday they have a meeting with representatives of the PCM, will they go?
-We are evaluating that possibility, or suddenly we reject that dialogue with the State. They want to dialogue in peace, but at the same time they are persecuting us as criminals and putting us in jail, that is not acting honestly.
There is talk that they will again paralyze oil activity in Lot 95, which is practically the only one that is producing most of the oil, is that right?
-That possibility is definitely being evaluated, because if oil is going to serve to criminalize the leaders and neighbors who have been defending our rights, then we do believe that there will be no more oil activity in Loreto.

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