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Share Name Share Symbol Market Type Share ISIN Share Description
Petrotal Corporation LSE:PTAL London Ordinary Share CA71677J1012 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 5.97% 17.75 17.50 18.00 17.75 17.25 17.25 2,516,134 15:48:56
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 7.8 -4.2 0.8 23.5 146

Petrotal Share Discussion Threads

Showing 4476 to 4497 of 5175 messages
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DateSubjectAuthorDiscuss
12/5/2021
06:28
This will probably upset some of the ... less positive posters here.. PetroTal Corp. 12 May 2021 PetroTal Provides an Operational and Corporate Update 7D well completed, currently flowing at 4,550 bopd Management Change Announcement, Q1 2021 reporting and AGM dates Calgary, AB and Houston, TX - May 12, 2021 - PetroTal Corp. ("PetroTal" or the "Company") (TSXV: TAL and AIM: PTAL) is pleased to announce the following operational and corporate update. All currency amounts are in United States dollars ("USD"), unless otherwise stated. Highlights - The 7D well has been successfully drilled and completed, flowing at an initial rate of approximately 3,700 barrels of oil per day (bopd) during its first 10 days of production, and has averaged approximately 4,550 bopd during the past three days; - The 7D well was drilled and completed in 33 days for a cost of approximately $8.6 million, 7% under the $9.2 million estimate; - During the past three days, Bretana oil field production has averaged approximately 11,100 bopd. Two wells, representing 1,200 bopd, are currently shut in awaiting increased water injection pump enhancements; - The 3WD water disposal well commenced drilling on May 3, 2021; - Mr. Estuardo Alvarez-Calderon, PetroTal's VP Exploration and Development, is retiring at the end of May 2021. Mr. Dewi Jones has assumed the role of VP Exploration and Development as of May 11, 2021; - Q1 2021 financial and operating results will be announced on May 31, 2021 along with an updated corporate presentation, and a webcast virtual call on June 1, 2021; and, - PetroTal will host a virtual AGM on June 23, 2021. Well 7D Update PetroTal has successfully completed the 7D well, the Company's seventh in the Bretana oil field, and first new well of 2021. The well was a deviated hole and penetrated the targeted Vivian formation in excellent quality sands. Total vertical depth of 2,696 meters was reached. The well achieved an initial 10-day average flow rate of 3,700 bopd, which was in line with management's expectations, and is currently producing approximately 4,550 bopd. Total drilling time was 33 days and the well cost approximately $8.6 million, 7% under the $9.2 million estimate. This was the first well executed under PetroTal's enhanced COVID-19 safety protocols and no safety issues were encountered during the operation. The 7D well sets the stage for the Company to again grow production, with the field currently averaging approximately 11,100 bopd, and the goal of ending 2021 at 18,000 to 19,000 bopd. Overall field production would be approximately 12,300 bopd, inclusive of two wells, representing approximately 1,200 bopd, currently shut in to accommodate water injection enhancements. 3WD Water Disposal Well The next well, 3WD, commenced drilling on May 3, 2021 and will take approximately 41 days to drill and complete. The Vivian reservoir will be cored, providing important reservoir characterization data for future field development. This future water disposal well will enable the disposal of an additional 50,000 barrels of water per day and will accommodate the Company's expected production growth for at least the following fourteen months. VP Exploration and Development Change Effective May 11, 2021 the Company is pleased to announce the appointment of Mr. Dewi Jones to VP Exploration and Development. Mr. Jones is a geologist with over 35 years of experience in Peru and other Latin American basins. Mr. Jones started his career with Occidental Petroleum in Colombia and has also led technically complex development programs for Repsol, Talisman and Pioneer. Mr. Jones was formerly CEO of CGX Energy, having exploration blocks in Guyana adjacent to Exxon's Liza discovery. Mr. Jones is a graduate of Louisiana State University with a B.Sc. in Geology. Prior to this appointment, Mr. Jones was the Director of Exploration and Development with PetroTal and collaborated with Mr. Alvarez-Calderon on many technical aspects over recent months, ensuring a smooth transition of knowledge and culture. Effective May 31, 2021, Mr. Estuardo Alvarez-Calderon will retire from the Company. Mr. Alvarez-Calderon was instrumental in leading PetroTal from a technical perspective, taking PetroTal from zero to over 13,000 bopd in late 2019 and identifying numerous leads and prospects in both Blocks 95 and 107 for continued organic growth. The Company thanks Mr. Alvarez-Calderon for his significant contributions to PetroTal and wishes him a well-earned and restful retirement. AGM Update and Q1 2021 Results PetroTal will release its Q1 2021 financial and operating results on May 31, 2021 to be followed by a webcast presentation on June 1, 2021. Details for the event will be announced over the coming weeks. An updated corporate presentation will also be released. PetroTal advises that its annual general and special meeting of shareholders will be held via webcast on June 23, 2021 at 10:00 a.m. (Calgary time). Details of the agenda and a link to the meeting will be included in the Company's management information circular to be mailed to registered shareholders and SEDAR filed on May 24, 2021. Manuel Pablo Zuniga-Pflucker, President and Chief Executive Officer, commented: "On behalf of the PetroTal team, I would like to personally thank Estuardo for his contributions to the Company. Estuardo's achievements in his career and at PetroTal have been remarkable and his presence in the office will be missed. I am very excited about Dewi Jones stepping in to fill Estuardo's role. Dewi has been working with PetroTal for some time and the entire management team has a deep trust and confidence in his work and experience. It is very exciting as a management team to be bringing the new 7D well on for the Company after almost a year lag from completion of the 6H well. The stabilized flow rates of approximately 4,550 bopd look very promising and are in line with our technical estimates. Continuing with our development plan, we commenced drilling the 3WD well that will greatly increase our water disposal capacity."
nametrade
11/5/2021
19:16
My reading of the polls is mainly people who are undecided deciding to back Fujimori. This is from comparing polls by the same organisation. There is an uncertainty as to how well represented the rural areas are in the polls. Peru has compulsory voting and people who don't vote get fined. However, they are allowed to cast a blank vote.
johnhemming
11/5/2021
18:10
hTTps://www.swissinfo.ch/eng/peru-s-sol-soars-as-socialist-castillo-loses-ground-to-right-wing-fujimori/46607286 Fujimori keeps closing in in polls.
doughcyclone
10/5/2021
18:30
The only news that people really care about relates to Sovereign Risk.
johnhemming
10/5/2021
18:21
$TAL up 8% this evening on decent volume..any news imminent?
bradvert
10/5/2021
11:11
https://larepublica.pe/elecciones/2021/05/09/betsy-chavez-afirma-que-hay-un-voto-escondido-que-respalda-a-peru-libre-pltc/ IEP poll shows swing to Fujimori, but Castillo still with a clear lead: Castillo falls in intention of presidential vote The latest survey carried out by the Institute of Peruvian Studies (IEP) for La República revealed that Pedro Castillo decreased in voting intention, since he has a support of 36.2% , when in the previous poll he had 41.5%. Meanwhile, the candidate for the presidency of Fuerza Popular, Keiko Fujimori , is catching up with her rival, since she reached 30% in preferences, when she previously registered only 21.5%.
johnhemming
07/5/2021
21:28
Excellent thank you lwp
doughcyclone
07/5/2021
20:15
Peru election race tightens as Fujimori gains, poll showshTTps://reut.rs/3tx4RKO 
livewireplus
07/5/2021
13:37
https://andina.pe/agencia/noticia-reserva-pacaya-samiria-cuenta-renovado-centro-conservacion-y-desarrollo-843898.aspx The National Service of Natural Protected Areas by the State (Sernanp) and the company PetroTal Peru joined efforts to strengthen the sustainable development of the Pacaya Samiria national reserve and provide spaces for citizen integration in the effective management of this area located in the Loreto region and Along these lines, they presented a renovated conservation center. ADVERTISING The renovation of the PV 15 Pacaya Conservation and Development Center seeks to provide a better environment for the benefit of the park ranger personnel and turn this space into an operations area from which control and surveillance actions against illegal activities are coordinated. The head of Sernanp, Pedro Gamboa, highlighted that the concept of control and surveillance post by conservation and development center has been renewed , a vision that shows the opportunities that protected natural areas offer to improve the quality of life of their local populations. Likewise, he highlighted that the current 93.6% of good conservation status of the Pacaya Samira national reserve is an achievement that is only possible through joint work with multiple allies to which environmentally responsible companies such as PetroTal join. Commitment For his part, the general manager of PetroTal Peru, Ronald Egúsquiza, affirmed that the company's commitment is to contribute to the conservation of the protected natural area and the socioeconomic development of the populations that live in its area, promoting sustainable activities that do not threaten the biodiversity that exists in the Loreto reserve. "From PetroTal's perspective we will always be looking to advance and develop additional activities, and this renovated conservation and development center is part of these additional activities, under this new concept; we are convinced of its importance," he remarked. The symbolic presentation ceremony of this renovated center also included the participation of Manolo Zúñiga, CEO of PetroTal Corp, and Alfredo Enrique Neyra, head of the Pacaya Samiria national reserve. Sustainable use This center is located in the entrance area to the Pacaya basin, where Sernanp works with 183 families, organized into 18 management groups, for the sustainable use of natural resources such as the paiche, and with more than 20,000 people from the communities indigenous people who live in this sector. This place will also function as a space for consultation and assistance for management groups, artisanal fishermen, researchers and locals committed to the effective management of the reserve. Pacaya Samiria is one of the main nature destinations in the Loreto region; The conservation and development center will also be a tourist spot where visitors can learn, from the Sernanp rangers, about the natural and cultural values ​​of the protected area.
johnhemming
06/5/2021
21:08
Euroclear's latest Stock on Loan(short) Report published today: 0.03% - Jadestone Energy / (up from No Change) 0.22% - PetroTal / (down from 0.28%) 0.64% - Savannah Energy / (down from 0.68%) 1.31% - Pantheon Resources / (down from 2.32%) 2.58% - Shell / (down from 3.79%) 2.39% - Enquest / (down from 2.97%) 4.12% - BP / (up from 4.05%) 5.35% - Cairn / (down from 6.21%) 8.65% - Touchstone Exp / (up from 7.14%)
mount teide
05/5/2021
06:36
First 3 days of May production are now shown. http://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos ,
pro_s2009
04/5/2021
05:31
Castillo's options in the real world are limited notwithstanding the view of congress. The most recent poll has Fujimori pulling back his lead a bit and I would expect Fujimori supporters to be less willing to say they will support her. The president has the power to dissolve congress and congresspeople cannot restand so they won't be that inclined to resist him although they could try impeaching him, but he has almost a blocking vote on that so it would have to get really stressful. My view is that congress is not that likely to block him that much. The real constraints lie in him wanting international investment and being constrained by the free trade agreement provisions. If he wants international investment he had to treat investors with some respect.
johnhemming
03/5/2021
19:38
Cheers :) My bad. I guess it all depends on the deviation angle then. I wonder how much it will add then - gettings us above 10K would be very nice. They've never disappointed on the production side. I guess the water disposal well could also increase flow by a small amount?
sturm2
03/5/2021
19:00
hey sturm, just a little correction, they are drilling a deviated well without a horizontal section atm, so dont expect such big flush production this time, after that they will drill 3-4 horizontals after the water injector.Cheers :)
thommie
03/5/2021
16:47
Senate isn't left wing and Castillo's options (should he be elected) are limited somewhat + he has stated publicly that he's not going to nationalize anything. Oversold on fear now IMHO. I've sold a tiny (<10%) bit to buy more TXP since that was even more oversold. Next horisontal well is completed this week. (EDIT: it's a deviated well) Just a "reminder" from the first 3 horizontal wells: 3) The BN 95-6H horizontal well (“6H”) came online on April 10, 2020 and is currently producing approximately 5,750 barrels of oil per day (“bopd”), in line with management’s expectations. During these ten days the well has achieved average production of approximately 4,500 bopd. 2) DECEMBER 16, 2019: Initial three‐day production rate at the BN 95-5H horizontal well (“5H”) is 8,250 barrels of oil per day (“BOPD”), exceeding management’s expectations. 1) OCTOBER 21, 2019: Completed the BN 95‐4H (“4H”) horizontal well on time and under budget by approximately $3.0 million using new technology to maximize oil production 4H initial four‐day production rate of 6,200 barrels of oil per day (“BOPD”), exceeding management’s expectations
sturm2
03/5/2021
12:04
https://www.bloomberg.com/news/articles/2021-04-30/new-peru-poll-shows-castillo-s-lead-over-fujimori-has-narrowed?srnd=premium&utm_source=url_link
doughcyclone
03/5/2021
06:17
Https://oilprice.com/Energy/Energy-General/South-American-Oil-Feels-The-Full-Force-Of-The-Latest-COVID-Wave.html
sleveen
01/5/2021
06:48
Https://www.worldometers.info/coronavirus/country/peru/ Active C19 cases and deaths rising.
sleveen
24/4/2021
08:02
Thanks for posting that article, but it is inaccurate. Congress has 130 seats not 150 and Peru Libre and Mendoza's group come close to blocking a super majority which means it is quite likely they can.
johnhemming
24/4/2021
07:48
Https://oilprice.com/Energy/Energy-General/New-Wave-Of-Peruvian-Energy-Nationalism-Could-Destroy-Its-Oil-Industry.html
sleveen
23/4/2021
15:51
As the company has said Castillo himself has argued for Peru to get more money from resource plays, he has not called for nationalisation. The Peru Libre ideologue, however, has. We cannot, however, rely precisely on his words. There remain uncertainties.
johnhemming
23/4/2021
14:47
John, thank you for your helpful Peru election news posts. Especially the last one!!
br1an
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