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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 Jan 24, 2024 4:03pm
146 Views
Post# 35843745

32,000 bopd is the fully utilized capacity of the barge

32,000 bopd is the fully utilized capacity of the barge

fleet. 1.6 million and 50 day return trip. Of course it's not going to run at 100% of capacity, but it certainly should be capable of handling up to 25,000 bopd of production. They have yapped for months in their presentations that the unconstrained production capablity of the field was 22-23,000 barrels a day. No reason they should not guide for that over q1 and q2. Fine. If you are only confortable guiding for 4-5 bopd of production then USE THAT IN YOUR PRESENTATIONS and STOP YAPPING about the 23,000 bodp the field is capable of producting.

 

 

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