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Bullboard - Stock Discussion Forum Petrotal Corp PTALF


Primary Symbol: T.TAL

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... see more

TSX:TAL - Post Discussion

Petrotal Corp > Brent just broke $70!! Next stop Brent $75!!
View:
Post by BryStockGuy on May 18, 2021 4:47am

Brent just broke $70!! Next stop Brent $75!!

Production forecast exeeded for 2Q21 of 10,500 bpd, currently sitting at 10,945 bpd May avg. to increase to 12,000 bpd shortly once pump upgrades are complete. I wonder what PetroTals average 2021 realized Brent sale price will be? 

Auctus Analyst May 12 2021 - $0.96 CAD Price Target Maintained

Brent at $60 = PetroTal at $0.96 CAD - £0.56
Brent at $65 = PetroTal at $1.20 CAD - £0.70
Brent at $70 = PetroTal at $1.37 CAD - £0.80
Brent at $75 = PetroTal at $1.54 CAD - £0.90
Brent at $80 = PetroTal at $1.71 CAD - £1.00
Brent at $85 = PetroTal at $1.88 CAD - £1.10
Brent at $90 = PetroTal at $2.05 CAD - £1.20
 
According to Auctus - For each US$5/bbl increase in Brent price, our Core NAV increases by ~£0.10 ($0.17 CAD) (per share.)
 
IMO DYOR NFA
Comment by BryStockGuy on Jun 16, 2021 12:35am
Auctus June 2nd Quote "Risk profile unchanged – Value and growth The shares continue to trade at EV/DACF multiples market cap) for the company at US$60/bbl flat (no escalation) and on the 2P reserves case." I wonder what PetroTals average 2021 realized Brent sale price will be, $68.00 USD?? Auctus Analyst June 2 2021 - $0.96 CAD Price Target Maintained Brent at $60 ...more  
Comment by Sunset48 on Jun 16, 2021 11:59am
Make a believer out of my!!!!  All I feel is frustration.
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