Petrotal Corp PTALF

Primary Symbol: T.TAL

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.

TSX:TAL - Post by User

Petrotal Corp

<< Previous

Bullboard Posts

Next >>

Post by geezer21on Nov 23, 2022 8:07am

142 Views

Post# 35121045

Russia Will Not Go Along With This Deal

Will not deliver oil to the buy cartel.

When Russian oil stops going to the buying cartel the west will have a supply deficit. Expect a sharp rise in the price of oil.

Russian oil will go to those countries outside of the buying cartel. They are more than happy to replace western oil supplies with discounted Russian oil. They have been doing so in significant amounts since the Ukraine situation started.

Russia is in a position where it does not have to cave in. When faced with supply shortages and people start protesting in the streets for lack of oil for cars, heating, and industry cartel members will abandon the cartel.

https://oilprice.com/Latest-Energy-News/World-News/US-Allies-Eye-60-Price-Cap-For-Russian-Crude.html

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?