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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 Aug 08, 2023 11:32am
201 Views
Post# 35577558

G&A sitting at over $4 a barrel for the year. Any idea how

G&A sitting at over $4 a barrel for the year. Any idea how ridiculous this is. Think of that, Is it booze and hookers for management and directors 24/7?
How about a little corporate governance Think of that. Transportation costs were $1.58 a barrel. That's barging it all the way across the contenent on jungle rivers and that costs well under half per barrel as G&A. Op costs were $4.22 a barrel.  THINK OF THAT!!!
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