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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 > consolidation today
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•••
Post by smallcaptdron Jun 02, 2022 11:42am
199 Views
Post# 34726661

consolidation today

consolidation todayAfter the runup its normal and required to have a pullback, what consolidation does is to shake the tree and get rid of the weak holders and transfers the shares to investors who will carry them farther. It also creates a perfect time for investors to get in. Not bad for a stock that has 900Mil shares 
JMHO
(always DD)

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