By Tyler Losier, Energy Reporter, Oil & Gas 360 Increased expenditures, increased results PetroTal (stock ticker: PTALF, LSE: PTAL) released its first quarter financial results and operations update Tuesday, revealing an approximately 280% increase in spending compared to Q1 2018. This increased spending has been productive, as the company reported $4.32 million in net revenues and for the first
PetroTal Announces 534 Million Barrels of Unrisked Mean Prospective Resources for the Osheki Prospect
PetroTal Corp. (TSX-V: TAL) Company Overview PetroTal Corp. (Previously known as Sterling Resources Ltd.) is an independent pure play oil and gas E&P company headquartered in Calgary, Alberta with corporate offices in Houston, Texas. The company is focused on development of oil and gas assets in Northern Peru. First production in Q2 2018 with production estimated to exceed 10,000 BOPD
PetroTal Corp. (TSX-V: TAL) announced that it has achieved first oil production from the Bretana Norte discovery well at the Bretana field in Block 95 in Peru. The Bretana oil field is a low- risk, high impact oil field with approximately 40MMBO of certified 2P reserves, according to PetroTal. The NPV10 of this area, according to PetroTal, is approximately $346MM
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