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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 Feb 20, 2024 2:21pm
171 Views
Post# 35889377

jwillis:They have avgeraged approx 17,000 bopd over last

jwillis:They have avgeraged approx 17,000 bopd over last ten days. How is this good, when water levels are normal, and they should be  benefitting from flush production from the latest well coming on-line. They keep yapping on intervies and conf calls about the field being able to produce 22-23,000 if unconstrained by such things as droughts and river pirates. And here we sit, 17000 bopd over the last 10 days. Their are other companies such as HME who trade as simiar free cashflows yeilds, no debt, and severe dicount to NAV. And their has been nary an incident involving river pirates high-jaking their oil. 
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