• PetroTal and Petroperu have finalized an agreement for the repayment of US$64 mm in true up revenue owed to PetroTal by Petroperu. On 1 December, PetroTal has received US$10.9 mm as part of a schedule of payments, which is expected to be completed by August 2023.
• Indigenous communities have taken control of the pathway of the Amazon river, preventing export to Brazil. PetroTal has reduced production to between 4,500 bbl/d and 5,000 bbl/d since 30 November to manage storage levels and will n ....

12 Dec 2022
PetroTal Corp (AIM: PTAL): Repayment agreement with Petroperu finalized. River blockades impact production

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PetroTal Corp (AIM: PTAL): Repayment agreement with Petroperu finalized. River blockades impact production
• PetroTal and Petroperu have finalized an agreement for the repayment of US$64 mm in true up revenue owed to PetroTal by Petroperu. On 1 December, PetroTal has received US$10.9 mm as part of a schedule of payments, which is expected to be completed by August 2023.
• Indigenous communities have taken control of the pathway of the Amazon river, preventing export to Brazil. PetroTal has reduced production to between 4,500 bbl/d and 5,000 bbl/d since 30 November to manage storage levels and will n ....