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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 Jan 17, 2023 7:59am
227 Views
Post# 35227288

When they have been guiding for years of 20,000 plus bopd

When they have been guiding for years of 20,000 plus bopd production and now drop it to 14,000 management has lost credibility. Invest to supplement the barging fleet is a no brainer. Or is it a case of them knowing Perez is going to shut things down every 2 months.  Either way they are clearly decieving shareholders. Ready to sell at least half of my holdings after I hear the presentation on thursday--as the potential reward is no longer worth the risk.
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