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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 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

Comment by Rational43on Aug 10, 2022 2:28pm
207 Views
Post# 34885786

RE:RE:Production back to normal.

RE:RE:Production back to normal.Only constrained by take away capacity (sales routes).  Could be producing 25,000 bbls a day consistently if pipeline was up.  

More geology on existing field to drill, many more similar prospects in the country.  

If Peru can get onboard with the 2.5% social fund concept for the pipeline, TAL has 10 bagger written all over it in a few years.  

Eventually the government there has to realize no one wins when pipelines are damaged, and providing proper funding for those along the pipeline route, including jobs as security and environmental monitoring, is a no brainer to increase social license, and governement revenues.
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