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

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Post by geezer21on May 10, 2023 11:49am

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Post# 35440844

2.924 Mbls Draw From SPR

Administration artificial propping up oil inventory to suppress prices will backfire once the reserve dries up. It is artificially masking global undersupply that will still be there when it comes time to refill the strategic petroleum reserve. They will not be able to refill without spiking the price of oil up.

https://www.zerohedge.com/energy/wti-extends-losses-after-biden-admin-drains-spr-most-december-0

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