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Bullboard - Stock Discussion Forum Petrotal Corp T.TAL

Alternate Symbol(s):  PTALF

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 > Disruptions?
View:
Post by Binkie on Feb 24, 2022 7:13pm

Disruptions?

Has anyone heard of the locals followed through on their threat to disrupt operations this week? I noticed that TAL made all the community enhancement funds contingent on no local disruptions which seems like a practical and intelligent way to make it a win/win and gain community support.
Comment by Bean_and_Dunn on Feb 25, 2022 10:07am
The threat to illegally take over Bretana Lot 95 is now planned for Februay 28th. See notice below. The reasoning supposedly is because 4 indigenous people died during the unlawful assemblage at PetroTal's work site. They claim that their people were murdered and the crimes should have been investigated by now. They do not seem to ackowledge any wrong doing on the part of those who tried to ...more  
Comment by Binkie on Feb 25, 2022 6:53pm
Ughh, that's a tough situation, hopefully a peaceful solution can be found- death is a legitimate grievance and I'd guess there are very different opinions on the reasons. A fair and timely investigation does seem reasonable. I think I saw in the 2022 guidance they budgeted for security and hopefully the government will get involved and be present on the 28th. The article was in Spanish so ...more  
Comment by Bean_and_Dunn on Feb 26, 2022 11:12am
There is a google translate function which can be activated. I do not remember how I activated it, but it sure helps. below is the translation:By the way I think that Tal has the smarts to come to a good conclusion with the community and these protestors. Taking care of their loved ones would be a good concilatory starting point, then follow up with a pay back to the community as promised.   ...more  
Comment by Binkie on Feb 26, 2022 11:23am
Next week will be interesting and potentially significant for TAL, hopefully in a positive way
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