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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 geezer21on Sep 11, 2024 5:38pm
126 Views
Post# 36219361

RE:RE:Reserves increase coming up at PetroTal

RE:RE:Reserves increase coming up at PetroTalYes, they are hitting oil with every drill hole and taking less time and getting better flows.

As to getting oil out they have had difficulties but have prevailed none the less.  Other routes are being developed and there has been imporvement on some of their routes. River blockage appear to be a thing of the past as people start seeing the social fund bringing improvements.

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