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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 > Anyone have a ballpark idea of when next well starts flowing
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Post by drunk@noon on Jun 29, 2021 1:12pm

Anyone have a ballpark idea of when next well starts flowing

Needless to say, politcs is dominating, as it should. But given the gush of cash that comes along with each new well, I assume the company is doing what it can to get the wells done. That said, anyone have an idea of when we will see the bump in production, as it will be a nice catalyst. Provided of course the country doesn't spiral into civil war.
Comment by Bean_and_Dunn on Jun 30, 2021 1:28am
The company announced that the water disposal well would be completed in thre first week of July. So let us say July 7th. The next horizontal well will take another 60 days to complete. So lets say the well gets completed September 6th. With the water disposal well completed Petrotal should be able to get more oil production back onstream. Old wells produce more water each year. With the new water ...more  
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