• Production has averaged 20 mbbl/d since mid December, up from 18 mbbl/d announced on 15 December as the Brazilian barges have returned.
• The high production rate includes the contribution of well 12H that has produced 2.9 mbbl/d over the first 10 days of production.
• Production from the 12H well has subsequently increased to 3.65 mbbl/d since 27 December as the well continues to clean up.
• While the flow rate well 12H appears to be below what has been achieved at some recent wells, this r ....
28 Dec 2022
PetroTal Corp (AIM: PTAL): Production back at 20 mbbl/d. Another good well result.
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PetroTal Corp (AIM: PTAL): Production back at 20 mbbl/d. Another good well result.
• Production has averaged 20 mbbl/d since mid December, up from 18 mbbl/d announced on 15 December as the Brazilian barges have returned.
• The high production rate includes the contribution of well 12H that has produced 2.9 mbbl/d over the first 10 days of production.
• Production from the 12H well has subsequently increased to 3.65 mbbl/d since 27 December as the well continues to clean up.
• While the flow rate well 12H appears to be below what has been achieved at some recent wells, this r ....