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PetroTal - PTAL - Growing oil production
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
Offtake still averaging over 10,000 bopd. Well done PTAL, keep it flowing. Well 6H news should be in the next 7 to 14 days.
Lets hope is another gusher.
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Lets hope is another gusher.
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
Still averaging over 10K bopd offtake.
All being well with 6H, PTAL moves to 15K bopd offtake from mid April.
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All being well with 6H, PTAL moves to 15K bopd offtake from mid April.
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- Lemon Quarter
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- Lemon Half
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
I took it from Twitter, the person who did it did not add HUR.
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
Well done PTAL, kept 10K bopd average for March. Excellent.
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
It would be a good idea if shareholders let Douglas Urch, the CFO, know that in this day and age its not acceptable that only the CEO holds real PTAL shares.
The other directors do not own any real PTAL shares. I think everyone should write to him expressing that we want to see each and every director purchases some shares in the company once the Q4 results are out of the way on 30th of April and there is no closed period.
They should all have skin the game, not just Manolo on his own.
E-mail : durch@petrotal-corp.com
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The other directors do not own any real PTAL shares. I think everyone should write to him expressing that we want to see each and every director purchases some shares in the company once the Q4 results are out of the way on 30th of April and there is no closed period.
They should all have skin the game, not just Manolo on his own.
E-mail : durch@petrotal-corp.com
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- Lemon Quarter
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
https://www.bnamericas.com/en/news/petr ... tion-plans
PetroTal pressing ahead with Peru exploration plans
Bnamericas
Published: Tuesday, April 14, 2020
PetroTal subsidiary Petrolifera Petroleum del Perú has approached environmental authorities to advance the build-out of onshore block 107 in the Ucayali basin, Pasco region.
Information from the ..................
PetroTal pressing ahead with Peru exploration plans
Bnamericas
Published: Tuesday, April 14, 2020
PetroTal subsidiary Petrolifera Petroleum del Perú has approached environmental authorities to advance the build-out of onshore block 107 in the Ucayali basin, Pasco region.
Information from the ..................
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- Lemon Quarter
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
Nice little write up. (PTAL is dual listed.... London:PTAL Canada:TAL
https://seekingalpha.com/article/433945 ... 4-dividend
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https://seekingalpha.com/article/433945 ... 4-dividend
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
Couple of Tweets from Greg Smith.
Greg Smith @ATM_to_my_kids
#PTAL #TAL solid production and the only company producing in the basin. Cash flow at critical points in time are key. Should be seen as one of the best operating teams in LatAm. This company will be stronger on the other side because of NO DEBT which was a goal from Day 1!
Greg Smith @ATM_to_my_kids
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They should be an acquisition target even with a huge premium. Building cash and paying down working capital over the next few months! With several good low risk wells to drill by a solid team IN COUNTRY!
Greg Smith @ATM_to_my_kids
#PTAL #TAL solid production and the only company producing in the basin. Cash flow at critical points in time are key. Should be seen as one of the best operating teams in LatAm. This company will be stronger on the other side because of NO DEBT which was a goal from Day 1!
Greg Smith @ATM_to_my_kids
·
They should be an acquisition target even with a huge premium. Building cash and paying down working capital over the next few months! With several good low risk wells to drill by a solid team IN COUNTRY!
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- Lemon Quarter
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
Oil Man Jim........
Is that promotional blog to push various long and short positions......... ????
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Is that promotional blog to push various long and short positions......... ????
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Re: PetroTal - PTAL - Growing oil production
30 April 2020 | 10:10am
StockMarketWire.com - Peel Hunt today reaffirms its buy investment rating on [LON:PTAL] and cut its price target to 40p (from 51p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by sharesmagazine.co.uk
StockMarketWire.com - Peel Hunt today reaffirms its buy investment rating on [LON:PTAL] and cut its price target to 40p (from 51p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by sharesmagazine.co.uk
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- Lemon Quarter
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Re: PetroTal - PTAL - Growing oil production
PTAL announcing that they are shutting in and going into hibernation mode. I would guess shut in for PTAL for maybe 6 months....... no debt to service so only ongoing costs will be G&A until oil prices recover and they restart ops when demand is back.
Looks like Peru is flooded with oil from the article below.
https://www.argusmedia.com/en/news/2103 ... c-capacity
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Looks like Peru is flooded with oil from the article below.
https://www.argusmedia.com/en/news/2103 ... c-capacity
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Re: PetroTal - PTAL - Growing oil production
https://larepublica.pe/economia/2020/07 ... -de-julio/
Looks like confirmation that production to restart in next week or two. Hopefully a positive effect on the share price.
Looks like confirmation that production to restart in next week or two. Hopefully a positive effect on the share price.
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Re: PetroTal - PTAL - Growing oil production
Malcy on PetroTal today:
Https://www.share-talk.com/malcys-blog- ... #gs.ag59cx
'With the equity issue raising $18m PetroTal has taken all the necessary efforts to restructure the business and is now on a very solid footing to resume its growth pattern and I remain very positive for this very well managed company.'
Https://www.share-talk.com/malcys-blog- ... #gs.ag59cx
'With the equity issue raising $18m PetroTal has taken all the necessary efforts to restructure the business and is now on a very solid footing to resume its growth pattern and I remain very positive for this very well managed company.'
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Re: PetroTal - PTAL - Growing oil production
PetroTal announces restart of production at Bretana oil field
Initial production rates of over 12,000 bopd
Calgary and Houston - July 27, 2020-PetroTal Corp. ("PetroTal" or the "Company") (TSX--V: TAL and AIM: PTAL) is pleased to provide an update on operations at the Bretana oil field which, as previously indicated, recommenced in mid-July.
Highlights
-- PetroTal has implemented stringent testing measures and modified operating procedures to ensure the safety of its workers;
-- The Bretana field restarted operations on July 15(th) , 2020 and production has returned to pre-shutdown levels of 11,500 barrels of oil per day ("bopd") , exceeding 12,000 bopd when all seven wells are online;
-- Oil deliveries have commenced to the Iquitos refinery and deliveries to the Northern Oil Pipeline ("ONP") at the Saramuro Pump Station are expected to commence in early August 2020; and,
-- Q2 2020 production was approximately 4,180 bopd. Taking into account the field was shut-in since early May 2020, average Q2 2020 production for the period the oil field was producing represented approximately 11,500 bopd.
Initial production rates of over 12,000 bopd
Calgary and Houston - July 27, 2020-PetroTal Corp. ("PetroTal" or the "Company") (TSX--V: TAL and AIM: PTAL) is pleased to provide an update on operations at the Bretana oil field which, as previously indicated, recommenced in mid-July.
Highlights
-- PetroTal has implemented stringent testing measures and modified operating procedures to ensure the safety of its workers;
-- The Bretana field restarted operations on July 15(th) , 2020 and production has returned to pre-shutdown levels of 11,500 barrels of oil per day ("bopd") , exceeding 12,000 bopd when all seven wells are online;
-- Oil deliveries have commenced to the Iquitos refinery and deliveries to the Northern Oil Pipeline ("ONP") at the Saramuro Pump Station are expected to commence in early August 2020; and,
-- Q2 2020 production was approximately 4,180 bopd. Taking into account the field was shut-in since early May 2020, average Q2 2020 production for the period the oil field was producing represented approximately 11,500 bopd.
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Re: PetroTal - PTAL - Growing oil production
AFRICATECH
AUGUST 1, 2020 / 11:37 PM / UPDATED 8 HOURS AGO
Petroperu resumes pipeline operations after coronavirus-related halt
LIMA, Aug 1 (Reuters) - Peruvian state energy firm Petroperú has restarted its pipeline operation “under strict security protocols” after it was halted in late April as a preventive measure against the coronavirus epidemic, the company said in a statement on Saturday.
AUGUST 1, 2020 / 11:37 PM / UPDATED 8 HOURS AGO
Petroperu resumes pipeline operations after coronavirus-related halt
LIMA, Aug 1 (Reuters) - Peruvian state energy firm Petroperú has restarted its pipeline operation “under strict security protocols” after it was halted in late April as a preventive measure against the coronavirus epidemic, the company said in a statement on Saturday.
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