Petrotal Corp T.TAL

Alternate Symbol(s): PTALF

Energy Oil & Gas E&P

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.

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Petrotal Corp > $15 mill FCF @ 70/ $30 mill @75 (18,000 BOPD)

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Comment by billfox54on Dec 22, 2024 3:57pm

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Post# 36374334

RE:$15 mill FCF @ 70/ $30 mill @75 (18,000 BOPD)

So, do you own some again now, and if so, what do you hope to see that has brought you back in?
I sold last summer over concerns that the river levels might be a bigger issue than people had accounted for . Now I'm back in (yes, started a bit early) thinking 2024 river levels may have been a one-off. My hopium includes a successful completion of the erosion control project. Production levels continuing to climb above the present 20k/month. Brent possibly climbing over $80. A possible opportunity with block 64? A functioning ONP could be helpful, but like I say, it's hopium.
In the short term, I think this amazing divvy will be maintained, and protect from further damage.
Congratz again on HME last spring. GLTA Billfox

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