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Petrotal Corp T.TAL

Alternate Symbol(s):  PTALF

PetroTal Corp. is an oil and gas development and production company. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. The Company's flagship asset is its 100% working interest in the Bretana Norte oil field in Peru's Block 95. The Company is engaged in the ongoing development of hydrocarbons at Block 95 and Block 131. It also has exploration prospects and leads in Block 107. The Bretana oil field is located within Block 95 in the Maranon Basin of northern Peru. Block 131 is located in the Ucayali Basin of central Peru, where the hydrocarbon discovery is the Camisea gas field. The Camisea project mainly produces natural gas feedstock for the Peru LNG export facility. Block 107 is a prospect ready area that is ready to be drilled. It has a 100% working interest in the 623,280 acres block located in the Ucayali basin of Peru. There are several prospective features, the largest being the Kametza prospect.


TSX:TAL - Post by User

Comment by mjh9413on Sep 19, 2025 1:37pm
41 Views
Post# 36720406

RE:water levels

RE:water levelsI guess the NR on Q1 tells us that the pump problem is also having an impact and the workovers to replace them were to take place in qtr 3. The NR stated "... replacement of the pumps is expected to return approximately 4,000 bopd of production capacity that is currently offline..." they also said "....changes to production capacity are not expected to have any impact on annual production guidance, which currently calls for average oil sales of 21,000-23,000 bopd in 2025." However they also said they was no new drilling until late 2025 and, if water levels are depleted, well, maybe even the lower end of that target might not be easily realised.   
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