Petrotal Corpo. Share Price (PTAL)

So unless postponed ONP ops should resume in the coming week although I note miscreants severed the pipeline at 373.2 km on 03/01/22. Any splinter faction holds me back from adding.

". . . the Presidency of the Council of Ministers - PCM, announced the installation of a Working Group, on January 15, 2022, to begin the implementation of the plan to close gaps in the population located in the oil field".

Sturm, I too am invested in TXP; and when you look at the 90% plus water cut at PTAL you would wonder what the issue is. PTAL are managing to drill horizontal wells and AICDs to limit water to maybe 20% initially so they are getting pay back on their wells within a couple of months. The water cut increases but its all profit. It will be interesting if TXP can do the same but PTAL has the advantage of good aquifer pressure and flow rates. I remain invested in both.
Also Advance energy looks interesting, Malcy put it in his bucket list and today sound even more positive after interviewing the CEO, DYOR.

Thanks for the answer, Henrik. Still there's 200 KM (or something like it) to Pucallpa, which would probably be where barges would be loaded. It's a 1 USD/barrel improvement in netback if they can avoid the blending so that would be great.
They've been looking for a partner for years for block 107.
Bretana will be complete with P2 this year and P3 next year, meaning Capex will drop to a low level. Should be plenty cash to start being more aggressive on the prospects. There's also unaccounted cash incoming from the many warrants.
Oddly enough they state that "Farm out process commenced in 2022" and "Targeting first exploration well in 2022" on their site.
https://petrotal-corp.com/operations/block-107/

I asked Manolo about this some time ago and he said that the oil from block107 can get barged and be sold through ONP or Brazil. The barges from nearby block (Los angels?) to 107 pass by Bretana. Petrotal also expect Block 107 (constition prospect) to be light oil which they would blend with Bretana oil to make it fit the pipeline requirement. THis would improve Bretana netbacks also since the do not need to buy this lighter oil for blending.

Ooooh Pumpkin Herr uber- sturmscharffuhrer - please explain why PetroTal must dump the development of block 95 with all the new proposed and proceeding new well drills and run off on a goose chase in block 107. Beggars belief - try apply bird in the hand worth 10 in the bush logic to your thinking - if you can.
Who are you clandestinely working for that GTE outfit with the real smart CEO who sold 137 million shares at $0.2175 - that Lah lah land specialist cost GTE 18.2 million $$$.
I say again GREAT JOB PetroTl Management - spot on with your stewardship of the company and how lucky we are we have no "storm" clouds in management.
Figured out yet Y no one manning the Comms back in PetroTal acknowledge your call sign - Klutz - dump your shares in POetroTal and buy GTE and move over to their bulletin board please.