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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 > Still say they need to get Perez on the payroll two hundred
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Post by drunk@noon on Jul 15, 2022 10:21pm

Still say they need to get Perez on the payroll two hundred

grand a year as a consultant on aboriginal affairs. From what companies operationing in Colombia 3D siesmic is a game changer for the kind of hydrocarbon traps in the region. So even with their current propects Petrotal will undoubtabley prove up a field or fields of the size of Brenta.  Between their royalty payment and Perez on board, not only will things continue to run  interrupted, they will be in position to gain first mover advantage into areas were hostilities from locals have prevented none resources from being exploited. But as it stands now one never knows when he's going to whip up some trouble, especially as the battle to spend the royalites, takes hold. He will of course then start yapping about how 2.5% is a piddley share of the oil riches. I have always thought that the 2.% was supposed to be matched by the gov't to make an even 5%. Remember, when the tax deferial is used up, between royaties and taxws the go'vt will get 40% of the cashflow, which means 2.5% is the laest they should do appease the locals.
Comment by mjh9413 on Jul 21, 2022 10:42am
Do you really think that is a move Perez will even contemplate. It defies logic given his objectives...to aid his people. The funding is as far as I see a national program: that wud be 2 or 2.5% of a lot and is being written into Petroperu's agreements/contracts from what I read. I look forward to your name calling if that is all you can do...
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