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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 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
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Post by geezer21on Dec 29, 2022 7:56am
139 Views
Post# 35194870

Oil Top Winner In 2022

Oil Top Winner In 2022

2022 saw stock markets crash but oil outperformed and is closing out the year neutral which is a big win

The S&P started out the year at 4,818 and has crashed to 3,783 as of yestereday, a 21.5 percent decline.

https://stockcharts.com/freecharts/gallery.html?%24SPX

Oil started out the year at about $75 and is currently at $78, essentially flat on the year.

https://stockcharts.com/freecharts/gallery.html?%24WTIC

https://stockcharts.com/freecharts/gallery.html?%24GOLD

Oil and gold were the top winners this year.  As things get easy in 2023 expect oil and gold to soar as things ease especially for oil because of a number of significant macro coditions pointing to about a 5 million bbl/d shortfall.
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