PetroTal Corp.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Manuel Pablo Zúñiga-Pflücker
- Full Time Employees
- 234
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- 16200 Park Row Houston TX United States 77084
- IPO Date
- Sep 1, 1992
- Website
- petrotalcorp.com
- Similar Companies
- Business
- PetroTal Corp. (TSX: TAL) is an oil and gas company focused on the exploration, development, and production of petroleum in Peru. The company operates primarily the Bretaña oil field in the Ucayali Basin, producing light crude oil through conventional drilling and waterflooding techniques; it also holds interests in other exploration blocks including Blocks 95 (100% owned) and 107 (PeruPetro blocks). PetroTal offers production services including oil export via barge to the Iquitos refinery and pipeline infrastructure enhancements for increased capacity. Founded in 2010 and headquartered in Calgary, Alberta, Canada, PetroTal targets mid-sized independent oil producers serving international energy markets with exports primarily to the Pacific coast via the Peruvian Amazon River system. The company operates exclusively in Peru, with core segments in upstream exploration and production, emphasizing low-cost operations and reserve growth in the Maranon Basin. It maintains a lean structure with no major subsidiaries but strategic joint ventures for block development. In the past 1-2 years, PetroTal has executed significant operational expansions, including the successful commissioning of the IM/RC third production unit at Bretaña in late 2023, boosting capacity to over 20,000 barrels of oil per day; it also completed a major water injection project in 2024 to enhance recovery rates. The company secured a US$150 million debt financing facility in 2024 from Trafigura for field development and repaid prior borrowings ahead of schedule. Additionally, PetroTal announced plans for a rigless abandonment campaign in 2025 and advanced permitting for the 107 block drilling program, marking strategic shifts toward sustained production growth amid volatile oil prices.
Company News
PetroTal Announces Board Change and Appointment of Emily Morris as Head of Investor Relations
PetroTal Announces Q3 2026 Operations and Financial Updates
PetroTal Resumes Bretana Development Drilling, Spuds Well 25H Ahead of Schedule
PetroTal Provides Operations Update
PetroTal Announces Q2 2026 Financial and Operating Results
PetroTal Announces Q2 2026 Operations and Financial Updates
CORRECTION FROM SOURCE: PetroTal Announces Voting Results of Shareholders' Meeting
PetroTal Announces Voting Results of Shareholders' Meeting
PetroTal Announces Availability of Annual General Meeting Materials
PetroTal Corp. (TAL:CA) Q1 2026 Earnings Call Transcript
PetroTal Announces Q1 2026 Financial and Operating Results
PetroTal Announces Q1 2026 Operations and Financial Updates
PetroTal Corp. (TAL:CA) Q4 2025 Earnings Call Transcript
PetroTal Announces Q4 and Full Year 2025 Results
PetroTal Announces 2025 Year-End Oil Reserves
PetroTal Corp. (TAL:CA) Q4 2025 Guidance Call Transcript
PetroTal shares slide as 2026 plan prioritises cash over growth
PetroTal (LON:PTAL) Trading Down 14.5% – Should You Sell?
PetroTal Announces 2026 Guidance: Budget Prioritizes Liquidity Preservation, Cost Discipline, and Operational Optimization
PetroTal Announces Q4 2025 Operations and Financial Updates, and Appointment of Chief Operating Officer