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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 drunk@noonon Jul 15, 2022 10:21pm
363 Views
Post# 34828604

Still say they need to get Perez on the payroll two hundred

Still say they need to get Perez on the payroll two hundredgrand a year as a consultant on aboriginal affairs. From what companies operationing in Colombia 3D siesmic is a game changer for the kind of hydrocarbon traps in the region. So even with their current propects Petrotal will undoubtabley prove up a field or fields of the size of Brenta.  Between their royalty payment and Perez on board, not only will things continue to run  interrupted, they will be in position to gain first mover advantage into areas were hostilities from locals have prevented none resources from being exploited. But as it stands now one never knows when he's going to whip up some trouble, especially as the battle to spend the royalites, takes hold. He will of course then start yapping about how 2.5% is a piddley share of the oil riches. I have always thought that the 2.% was supposed to be matched by the gov't to make an even 5%. Remember, when the tax deferial is used up, between royaties and taxws the go'vt will get 40% of the cashflow, which means 2.5% is the laest they should do appease the locals.
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