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 Norte 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. The Company also has a 100% working interest in Peru's Block 131.

TSX:TAL - Post by User

Petrotal Corp > Likely losing closer to $1.5 million a day cdn than a

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Comment by Binkieon Apr 04, 2022 4:36pm

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Post# 34574491

RE:RE:RE:Likely losing closer to $1.5 million a day cdn than a

If Reuters is correct that would take it back to mid February and would equate to half of Q1 production. If true,this thing will get hammered when Q1 is released. Only bright spot is it could be a buying opportunity, but with so many less risky, high performing options, many will question the need to take the risk at all.

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