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 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.

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Petrotal Corp > Eight Capital comments on PetroTal Corporation

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Comment by mjh9413on Nov 18, 2022 3:18pm

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Post# 35111374

RE:RE:Eight Capital comments on PetroTal Corporation

Well, EC still have price target over $2, eh. I would concentrate on what TAL said about Nov Dec prodn. After 207K in a constrained month like Oct they are doing 156K up to Nov 16 yet forecasting 900K in Nov plus Dec, way above the 300K type of average per month.
Of course there are transportation risks (plus the perceived risks drunk@noon keeps shouting out), but with 750K from now to Dec 31st, well...can't understand these price downs but guess $US80+ Brent is deemed in jeopardy. even though in $85 range currrently...

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