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IN BRIEF: PetroTal Oil Output At Bretana Reaches Pre-Shutdown Levels

Mon, 27th Jul 2020 18:32

PetroTal Corp - Houston, Texas-based oil & gas company - Following restarting of production at Bretana oil field, output has returned to pre-shutdown levels of 11,500 barrels of oil per day. Oil deliveries have started to the Iquitos refinery and deliveries to the Northern Oil pipeline at the Saramuro Pump station which are expected to start in early August 2020. For second-quarter of 2020, production was 4,180 bopd.

Current stock price: 14.65 pence

Year-to-date change: down 51%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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