PetroTal reports significant uptick in daily oil production and sales

25th Apr 2023 13:37

(Sharecast News) - Oil explorer and producer PetroTal reported a significant increase in its average production and sales of oil per day in its first quarter on Tuesday.

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PetroTal reports record net operating income for 2022

30th Mar 2023 11:03

(Sharecast News) - Canadian oil and gas explorer PetroTal reported average annual production and sales of 12,200 and 13,168 barrels of oil per day, respectively, in its 2022 results on Thursday, up 36% and 56% from 2021.

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PetroTal confident in making up first-quarter production shortfall

9th Mar 2023 13:22

(Sharecast News) - PetroTal said in an operational update on Thursday that, following the re-establishment of barging fleet schedules, it had been producing an average of 20,000 barrels of oil per day since the last week of February.

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PetroTal announces its approved 2023 budget

16th Jan 2023 15:38

(Sharecast News) - PetroTal announced a fully-funded 2023 capital investment programme of $125m on Monday, that it said was expected to generate "significant" after-tax, pre debt-service free cash flow of $55m during the year.

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PetroTal rises as Brazil river blockade is lifted

15th Dec 2022 12:26

(Sharecast News) - PetroTal announced the reopening of river transportation to its operating area on Thursday, after a local conservation organisation removed its blockade.

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PetroTal announces testing success at well 13H

3rd Nov 2022 11:34

(Sharecast News) - PetroTal announced the successful testing results of well 13H, its 13th producing well, on Thursday, reporting that it tested at about 8,000 barrels of oil per day over its first week of production.

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PetroTal reports second-best quarter of production

13th Oct 2022 13:04

(Sharecast News) - PetroTal updated the market on operations in its third quarter on Thursday, reporting production of 1.12 million barrels, or 12,229 barrels of oil per day, making for its second-best producing quarter to date.

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PetroTal reports several financial records in second quarter

25th Aug 2022 12:56

(Sharecast News) - PetroTal reported record second-quarter revenue on Thursday, with oil revenue rising to $118.4m, compared to $42.8m a year earlier.

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PetroTal upbeat on sales developments in Peru

16th Jun 2022 11:28

(Sharecast News) - PetroTal updated the market on its sales on Thursday, with 720,000 barrels of oil under contract for export from Bayovar by Petroperu for the July lifting.

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PetroTal reports record production, net income in first quarter

26th May 2022 11:40

(Sharecast News) - PetroTal reported record quarterly production on Thursday, of 11,746 barrels of oil per day in its first quarter, and record quarterly sales of 15,518 barrels per day, up a respective 60% and 80% year-on-year.

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PetroTal achieves four-year production target in December

28th Apr 2022 09:56

(Sharecast News) - PetroTal said in an update on Thursday that it achieved production of 8,966 barrels of oil per day and sales of 8,449 barrels per day in 2021, up 58% and 48% year-on-year, respectively.

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New well sets daily production record for PetroTal

10th Feb 2022 18:19

(Sharecast News) - PetroTal announced on Thursday that well 10H, which commenced production on 30 January, had set a new internal daily production record with an average standalone 10-day production level of 10,050 barrels of oil per day.

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PetroTal outperforms second quarter production guidance

26th Aug 2021 13:24

(Sharecast News) - PetroTal said on Thursday that it outperformed its second quarter production guidance by 2% and its first quarter production by 21%, delivering 8,839 barrels of oil per day under constrained production conditions.

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PetroTal makes solid development progress in first quarter

7th Apr 2021 15:55

(Sharecast News) - PetroTal updated the market on its operations in its first quarter on Wednesday, reporting that it had started its 2021 drilling program by spudding the first well, 7D, on 29 March, with completion expected in the first week of May.

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PetroTal issues $100m senior bond

17th Feb 2021 11:12

(Sharecast News) - PetroTal announced the issue of the $100m senior secured bonds on Wednesday, having initially announced the bonds on 2 February.

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