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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...
development of hydrocarbons in Block 95 with a focus on the development and production from the Bretana oil field. In addition to further leads in Block 95, the Company has significant exploration prospects and leads in Block 107. The Bretana oil field is located in the Maranon Basin of northern Peru. The Company has a 100% working interest in the Bretana oil field. Block 107 has three additional leads, inclusive of the Osheki-Kametza prospect.
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TSX:TAL - Post Discussion
Petrotal Corp
> River at dangerously low levels
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•••
auburn2
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Post by
auburn2
on Aug 21, 2024 9:44am
River at dangerously low levels
What do you think?
https://www.dhn.mil.pe/sehinav/histogramas_shna/archivos/Amazonas.pdf
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•••
downwithdotcom1
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Comment by
downwithdotcom1
on Aug 22, 2024 12:44pm
doesn't look good. however, with some of the alternate routes plus extra capacity they are getting better at recovering lower volumes as a result of the dry season water levels. Company typically puts out a mid quarter operations update and if its a more serious drop in shipments ie river blockades they will also update as required. Right now, i am more concerned with this continued trading
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billfox54
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Comment by
billfox54
on Aug 26, 2024 8:54am
The chart indicates trough water levels about mid September, when they start to rise again. So, a few more weeks, and we can anticipate some improvement. GLTA. Bill
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