Bullboard - Stock Discussion Forum Petrotal Corp PTALF

Primary Symbol: T.TAL

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 oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing... see more

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Petrotal Corp > Q1 an Q2

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Post by mjh9413 on Apr 14, 2023 3:10pm

Q1 an Q2

"Oil revenue in Q4 2022, net of tariffs, fees, and differentials was $63.8 million ($66.51/bbl) "
That was on about 10400bopd and average contracted Brent about $88US.
The Q1 will not be as good as Q2 is proving to be so far, even with a 20000bopd average March.
If TAL average 16000bopd with a slightly reduced net oil revenue (say about US$60/bo with Brent about US$84 average), we get US$88.3M net oil revenue Q2.
Looks real good to me even allowing for normal risks (such as barging maintenance, river conditions.)
GLA

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