ABOUT
PETROTAL
WHY PETROTAL
COMPANY PROFILE
PetroTal is an operationally prudent and sustainable onshore Peruvian oil and gas operator that owns a 100% working interest in Blocks 95 and 107 with its current development focus at the Bretaña oilfield in Block 95.
Over a period of four years, starting in late 2017, the PetroTal team was able to take a greenfield resource project and transform it into Peru’s largest crude oil producer achieving over 20,000 barrels of oil per day in December 2021. PetroTal now has a substantial and de-risked repeatable drilling inventory to provide investors with free cash flow and growth for many years while actively building new initiatives to champion ESG development as part of the general strategy of the Company.
Block 95, on the east bank of the Puinahua Canal, Puinahua district, province of Requena, department of Loreto, is the current source of all production. Block 107 is located in part of the regions of Huánuco, province of Puerto Inca; and Pasco, province of Oxapampa and is in the exploration stage.
DELIVERING OUR VALUE PROPOSITION
DELIVERING OUR VALUE PROPOSITION
Achieve continued operational excellence through further development of the 2P and 3P reserves at the Bretaña oilfield via a factory to manage fluids mandate
Be exceptional stewards of capital and deliver best-in-class capital efficiencies
Return significant free cash flow to shareholders
Employ disciplined risk mitigation strategies that are sustainable through any commodity price cycle
Develop and foster strategic and creative ESG relationships with communities, governments, and shareholders through a humble and hardworking attitude