• 3Q21 production was 9,508 bbl/d in line with our expectations (9,500 bbl/d).
• From October 1 to October 11, production averaged 14,218 bbl/d, down from 15,131 bbl/d over the last 7 day of September and from 15,494 bbl/d over the ten-day average ended September 27. The reduction was due to a ~5.4% downtime and week on week fluctuations.
• Well 8H continues to perform extremely well with 7,485 bbl/d in 4Q21 to date (minimal decline compared to 7,700 bbl/d in average of the first 30 days of oper ....
14 Oct 2021
PetroTal Corp (AIM: PTAL): Operations on track highlighting resilience to recent community protests against the government
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PetroTal Corp (AIM: PTAL): Operations on track highlighting resilience to recent community protests against the government
• 3Q21 production was 9,508 bbl/d in line with our expectations (9,500 bbl/d).
• From October 1 to October 11, production averaged 14,218 bbl/d, down from 15,131 bbl/d over the last 7 day of September and from 15,494 bbl/d over the ten-day average ended September 27. The reduction was due to a ~5.4% downtime and week on week fluctuations.
• Well 8H continues to perform extremely well with 7,485 bbl/d in 4Q21 to date (minimal decline compared to 7,700 bbl/d in average of the first 30 days of oper ....