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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 > Reserves increase coming up at PetroTal
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Post by InfoIsKey on Sep 05, 2024 11:36am

Reserves increase coming up at PetroTal

Comment by billfox54 on Sep 10, 2024 9:42am
I don't doubt their ability to find oil, but I've become uncertain about their ability to profitably get it to market.  I commented before that the middle of September was historically the time when river levels started recovering, but we seem to be in new low territory, which has the capacity to be a disaster.  I know they're trying to find work-arounds, but we don't ...more  
Comment by geezer21 on Sep 11, 2024 5:38pm
Yes, they are hitting oil with every drill hole and taking less time and getting better flows. As to getting oil out they have had difficulties but have prevailed none the less.  Other routes are being developed and there has been imporvement on some of their routes. River blockage appear to be a thing of the past as people start seeing the social fund bringing improvements.
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