Financial PerformanceCosts and capital expenditures came in below forecasts for the first quarter, highlighting effective financial management.
Production PerformancePetroTal's record production of 23.3kb/d for 1Q, with sustained monthly record levels, showcases strong operational success at the Bretana field.
Reserves GrowthPetroTal's year-end reserves report shows a 14% increase in 2P reserves year-over-year, reflecting successful reserves additions at the Bretana field and Block 131.