PetroTal (PTAL LN/TAL CN)C; Target price £0.45: 1Q20 results/Bretaña expected to restart in July – 1Q20 financials are in line with expectations and 1Q20 production had been reported previously. At the end of 1Q20, current trade and other payables had been reduced to ~US$45 mm compared to ~US$55 mm at YE19. Most importantly. PetroTal continues to expect the Bretaña field to be re-opened this month. The contingent liability with Petroperu is estimated at US$25 mm at the current oil price and the ....
10 Jul 2020
Auctus on Friday - 10/07/2020
i3 Energy Plc (I3E:LON), 7.8 | Maha Energy AB Class A (0GEA:LON), 0 | JKX Oil & Gas plc (JKX:LON), 25.5 | Pharos Energy PLC (PHAR:LON), 20.7 | Equinor ASA (DNQ:FRA), 0 | Aker BP ASA (ARC:FRA), 0 | Eni S.p.A. (ENI:WBO), 0 | Hurricane Energy Plc (HUR:LON), 3.1 | PetroTal Corp. (PTAL:LON), 17.2 | Repsol SA (REP:BUE), 0 | Rockrose Energy (RRE:LON), 0 | Sound Energy plc (SOU:LON), 1.4 | Tethys Petroleum (TPL:TSE), 0 | Victoria Oil & Gas PLC (VOG:LON), 4.5 | OMV AG (OMV:WBO), 0
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Stephane Foucaud
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5 pages
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Auctus on Friday - 10/07/2020
i3 Energy Plc (I3E:LON), 7.8 | Maha Energy AB Class A (0GEA:LON), 0 | JKX Oil & Gas plc (JKX:LON), 25.5 | Pharos Energy PLC (PHAR:LON), 20.7 | Equinor ASA (DNQ:FRA), 0 | Aker BP ASA (ARC:FRA), 0 | Eni S.p.A. (ENI:WBO), 0 | Hurricane Energy Plc (HUR:LON), 3.1 | PetroTal Corp. (PTAL:LON), 17.2 | Repsol SA (REP:BUE), 0 | Rockrose Energy (RRE:LON), 0 | Sound Energy plc (SOU:LON), 1.4 | Tethys Petroleum (TPL:TSE), 0 | Victoria Oil & Gas PLC (VOG:LON), 4.5 | OMV AG (OMV:WBO), 0
- Published:
10 Jul 2020 -
Author:
Stephane Foucaud -
Pages:
5 -
PetroTal (PTAL LN/TAL CN)C; Target price £0.45: 1Q20 results/Bretaña expected to restart in July – 1Q20 financials are in line with expectations and 1Q20 production had been reported previously. At the end of 1Q20, current trade and other payables had been reduced to ~US$45 mm compared to ~US$55 mm at YE19. Most importantly. PetroTal continues to expect the Bretaña field to be re-opened this month. The contingent liability with Petroperu is estimated at US$25 mm at the current oil price and the ....