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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 > A measly 150 million to drill another 11 wells and.....
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Post by drunk@noon on Oct 02, 2021 12:43pm

A measly 150 million to drill another 11 wells and.....

with it year after year after years of 300-400 million cdn free cashflow coming through the door.
This is key, it's not like they have to keep punching in wells to bring on new production, No, just a 10-11 more wells in the 12-13 million range, and some maintance cap ex to support the 80-90-100 million barrells of oil coming in with over 50 cdn netbacks at 70 brent oil---let alone todays price.
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