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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

Comment by downwithdotcom1on Feb 09, 2024 11:08am
123 Views
Post# 35872343

RE:Presentation

RE:Presentation very detailed and interesting presentation. Company is making sure that the enviroment is one of their top priorities. CEO explained that they are CONSERVATIVE on their production numbers as there alot of factors that could impact (shipping availabilities, water levels, social) and they want to be seen delivering at least on what they forcast. I am concerned on a few things-how small the FCF is, more importantly, how their business is so enterwined/dependant with the state producer that is in a lousy financial position. Good news, if production exceeds/prices higher their will be material expansion of FCF and the ability for more return of capital...see for yourself...dwdc
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