• FY23 production of 14,248 bbl/d had been reported previously and the YE23 cash position of US$105 mm (including ~US$15 mm of restricted cash) is very close to previous indications.
• PetroTal is re-iterating its FY24 production guidance of ~17 mbbl/d with US$134 mm capex.
• Production currently trends ahead of guidance with 24,453 bbl/d in January and 17,411 bbl/d in February. While PetroTal had to shut down the field for two days in early March for safety precautions and, as a result, product ....

21 Mar 2024
PetroTal Corp (AIM: PTAL): Delivering on guidance

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PetroTal Corp (AIM: PTAL): Delivering on guidance
• FY23 production of 14,248 bbl/d had been reported previously and the YE23 cash position of US$105 mm (including ~US$15 mm of restricted cash) is very close to previous indications.
• PetroTal is re-iterating its FY24 production guidance of ~17 mbbl/d with US$134 mm capex.
• Production currently trends ahead of guidance with 24,453 bbl/d in January and 17,411 bbl/d in February. While PetroTal had to shut down the field for two days in early March for safety precautions and, as a result, product ....