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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 15, 2023 11:42am
177 Views
Post# 35786789

Re: production. Furthermore, each time they bring on a well.

Re: production. Furthermore, each time they bring on a well.Planning 4 for the year. Their is a good month of flush production, which means for 4 months of the year, the field should be capable of producing well over 25,000 bopd.  Better not lowball production estimates, when they have 18,900 on their website presentation. It's fine to lowball it, if brent is $80 plus, but at $75 and under, 16,000 bopd doesn't make for fantastic free cashflow numbers.
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