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PetroTal Corp. >
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PetroTal Corp (AIM: PTAL): Potential solution for export issues

  • 23 Nov 2020

PetroTal Corp (AIM: PTAL): Potential solution for export issues


PetroTal Corp. (PTAL:LON) | 16.2 -0.1 (-3.0%) | Mkt Cap: 109.4m


  • Auctus Advisors
    • Stephane Foucaud

    • 5 pages

Oil & Gas - E&Ps image


 
Oil & Gas - E&Ps image


• 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$9.8 mm, with accounts payable and accrued liabilities of ~US$ ....

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PetroTal Corp (AIM: PTAL): Potential solution for export issues


PetroTal Corp. (PTAL:LON) | 16.2 -0.1 (-3.0%) | Mkt Cap: 109.4m


  • Published: 23 Nov 2020
  • Author: Stephane Foucaud
  • Pages: 5
  • Auctus Advisors


• 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$9.8 mm, with accounts payable and accrued liabilities of ~US$ ....


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