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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 Dec 11, 2023 6:33pm
163 Views
Post# 35778876

Instead of pointing out they should produce 20,000 bopd's

Instead of pointing out they should produce 20,000 bopd'sor more for the next 8 months, and spelling out the new routes make even another severe drought winter still reduce produce to  something in 17,0000 range vs 16000--management will likely come out with lowball guidance, that will hit the shareprice with brent in the 75 dollar range. I mean they way they yap about the field being able to flow 22,000 unconstained, and with a good month of flush production every time on of their 4 yearly wells comes on, means 25,000 or so for those 4 months----and their in no reason they can't run full out---now that they have increase turn around time by the direct loading at manus, let alone the other route---- when all's said and done a yearly avg in the 20,000 bopd should be doable. By if they yap about 15500-16000 targeted rate for next year the free cashflow numbers aren't going to support the soup up blended base/special div of 10 cents us or 13.5 cents canadian, I am hoping for to tied me over until brent makes an upward run.
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