PetroTal Corp ( (TSE:TAL) ) just unveiled an announcement.
PetroTal Corp announced a strong operational and financial performance for Q1 2025, with a record production average of 23,280 barrels of oil per day, primarily driven by increased output from the Bretaña field. The company maintains a stable cash position and is preparing for upcoming projects, while closely monitoring oil prices and managing its capital program to align with funding capabilities, reflecting its commitment to responsible asset development and stakeholder returns.
More about PetroTal Corp
PetroTal Corp is a publicly traded oil and gas development and production company based in Calgary, Alberta. It focuses on developing oil assets in Peru, with its flagship asset being the Bretaña Norte oil field in Peru’s Block 95. PetroTal became the largest crude oil producer in Peru in early 2022 and is committed to community-sensitive energy production.
YTD Price Performance: 5.77%
Average Trading Volume: 615,895
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$531.4M
For an in-depth examination of TAL stock, go to TipRanks’ Stock Analysis page.