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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

Comment by Bean_and_Dunnon Apr 16, 2022 2:24pm
182 Views
Post# 34607688

RE:RE:I wonder if there is going to be a battle for control

RE:RE:I wonder if there is going to be a battle for control

There are a few corrections to be made in what you say.

First the community around Britana really have benefitted from Petrotal. Petrotal 
has supplied electricity to the community, they have engaged people as employees, 
they have provided scholarships to the local people. They have built a dock and a bridge. 
They had already proposed a 2.5% local benefits program.

 

None local people have tried to encroach upon Lot 96 and claim benefits for a totally
different group. This group has several times blocked production which has cost everyone
sleepless nights, and has resulted in 3 deaths and 14 injuries when this group unlawfully tried to 
seize Petrotal's property. 

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