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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 Jun 11, 2023 8:30am
182 Views
Post# 35490461

Let Perez get a chunk of the money, he has/can shut down

Let Perez get a chunk of the money, he has/can shut down production every 2-3 months for years now, they take over Navy boats, run off with oil barges and kidnap crew members and hold them for days--this is the second time this year--not to mention storming the oil field which lead to the killing of 2 members of his mob. And nothing ever happens to the guy. The millions manola is giving away isn't his--it's ours as shareholders. In addition to this social fund, the company has spend millions each year without any accountabilty to various projects in the local town. So between the trust fund and these other millons we are talking about the difference between a 11% dividend 15%. Fine, I have no problem supportins the locals, but for this kind of money things should go smoothly. But it hasn'tmade any difference. If you are throwing money around, throw some of it at Perez. Have no idea why he isn't being paid a few hundred thousand a year as a consultant for indeginous relatons. 300 grand US, Half a million. Problems go away. Instead The company is giving away 10's of Millions without helping shareholders a bit. Manola likes to play the big man handing out OUR money. The least he can do is get some val;ue for it. Deal with Perez. If he hasn't been locked up by now, he never will be. Kidnapping citizens of another country (Brazil)  and holding them hostage for days. The second time this year. And yet he's at the bargining table issuing demands.
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