Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Norte 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. The Company also has a 100% working interest in Peru's Block 131.


TSX:TAL - Post by User

Post by drunk@noonon Dec 22, 2024 9:15am
62 Views
Post# 36374107

The NPV value of PTAL lies in the free cashflow that

The NPV value of PTAL lies in the free cashflow thatoccurs after the big spend on processing and waterdisposal ends. And now the errosion costs that appeared earlier this year which adds material cap ex for 2024 and 2025.  The used to have a long term chart illistrating the capex over the coming years. It showed the capex falling off a cliff at some point once they build out the suffiecient life of field waterdisposal infrustructure. Not sure when this was suppose to take place. 2026? 2027? With the cap ex needed for 3-4 wells a year, at 13-15 each the cashflow is 60 mill or less, leaving plenty of free cashlow for year after year. The question is when do we get there. A 70 brent price is far different than a 80. As I pointed out we have enough cash to pay the 6 cent US dividend in 2025.
Anyone who knows when the cap ex drops dramatically? That is the question.
<< Previous
Bullboard Posts
Next >>