Bullboard - Stock Discussion Forum Petrotal Corp T.TAL

Alternate Symbol(s): PTALF

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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TSX:TAL - Post Discussion

Petrotal Corp > production/oil price ahead of 2024 guidance

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Post by downwithdotcom1 on Feb 12, 2024 11:02am

production/oil price ahead of 2024 guidance

a snippet from their very good reserves report...........dwdc

Well 16H and Corporate Production Update

January 2024 average production was 20,450 bopd with an associated Brent price of $80/bbl, ahead of Company guidance on a production and revenue basis.

Well 16H continues to produce at above expected level rates with a 26 day production average of approximately 4,850 bopd as at February 11, 2024 and an estimated investment payback in Q2 2024.

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