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 > Q1 an Q2

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Post by mjh9413on Apr 14, 2023 3:10pm

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Post# 35395820

Q1 an Q2

"Oil revenue in Q4 2022, net of tariffs, fees, and differentials was $63.8 million ($66.51/bbl) "
That was on about 10400bopd and average contracted Brent about $88US.
The Q1 will not be as good as Q2 is proving to be so far, even with a 20000bopd average March.
If TAL average 16000bopd with a slightly reduced net oil revenue (say about US$60/bo with Brent about US$84 average), we get US$88.3M net oil revenue Q2.
Looks real good to me even allowing for normal risks (such as barging maintenance, river conditions.)
GLA

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