Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by geezer21on Jul 30, 2023 10:46pm
84 Views
Post# 35564140

RE:RE:wrong jwillis:we always find out days, usually over

RE:RE:wrong jwillis:we always find out days, usually overThings have changed since the last blockade.  Petrotal is no long at the table.  It has become just an internal Peruvian matter between the different Peruvian groups at the table.  The fund has and independent third party trustee to ensure the funds are utilized as intendent.

We will not be seeing any more blockages.

Petrotal's role now will be simply to fund the social agreement they have with Peru. The agreement itself is not the issue.  The issue was over how the fund was going to be managed between the different Peruvian parties.  That they will have to work out between themselves. For the funds to be accessed and utilized they are learning that they will have to cooperate.  Petrotal is no longer in the picture as to how the fund is managed.

The focus is not on Petrotal any longer.

<< Previous
Bullboard Posts
Next >>