• In an Important development, PetroTal has signed a contract with an international oil trader for a pilot shipment to export 0.12 mmbbl into the Atlantic region using the Amazon river through Brazil. The shipment will be sold FOB Bretana, priced at the forward month Brent ICE price, and paid within two weeks of loading at Bretana. There are no subsequent oil price adjustments.
• At November 19, 2020, PetroTal had cash resources of US$9.8 mm, with accounts payable and accrued liabilities of ~US$ ....
23 Nov 2020
PetroTal Corp (AIM: PTAL): Potential solution for export issues
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PetroTal Corp (AIM: PTAL): Potential solution for export issues
PetroTal Corp. (PTAL:LON) | 47.5 0 0.0% | Mkt Cap: 434.8m
- Published:
23 Nov 2020 -
Author:
Stephane Foucaud -
Pages:
5
• In an Important development, PetroTal has signed a contract with an international oil trader for a pilot shipment to export 0.12 mmbbl into the Atlantic region using the Amazon river through Brazil. The shipment will be sold FOB Bretana, priced at the forward month Brent ICE price, and paid within two weeks of loading at Bretana. There are no subsequent oil price adjustments.
• At November 19, 2020, PetroTal had cash resources of US$9.8 mm, with accounts payable and accrued liabilities of ~US$ ....