Business
PetroTal Provides Update on Earthquake Affecting Northern Peru
Calgary, Alberta and Houston, Texas--(Newsfile Corp. - May 27, 2019) - PetroTal Corp. (TSXV...
About this update from Petrotal Corp.
[{"type":"text","content":"PetroTal Provides Update on Earthquake Affecting Northern PeruCalgary, Alberta and Houston, Texas--(Newsfile Corp. - May 27, 2019) - PetroTal Corp. (TSXV: TAL) (\"PetroTal\" or the \"Company\"), a development and production company focused on oil assets in Peru, is providing an update to the earthquake that struck Northern Peru on Sunday May, 26, 2019.The Company was notified that no injuries were sustained by personnel at the Bretana oil field, and the drilling and production teams report no impact to the operations. The Bretana platform was engineered to be able to withstand situations such as this. The Company is currently conducting tests to drilling and production equipment to assure safe and efficient operations. PetroTal, through its Corporate Social Responsibility (\"CSR\") team, is reaching out to the surrounding communities to assess damage. PetroTal is committed to assuring that our operations are safe and environmentally secure, as well as providing assistance to the local communities.Manolo Zuniga, President and Chief Executive Officer, said: \"PetroTal's operations are ongoing as normal. This includes our drilling of the BN 95-3H well as well as production from the two oil wells at the location. We are concerned about the local communities and the damage they may have suffered, but I am extremely proud of our CSR team who acted immediately to initiate contact, assess damage, and provide assistance as we can to the local people.\"ABOUT PETROTALPetroTal is a publicly-traded independent oil and gas development and production company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru. The Company's management team has significant experience in developing oil fields in Northern Peru and is focused on safely and cost effectively developing and exploiting the Bretaña oil field in Block 95 and to continue to evaluate the Osheki prospect in Block 107.For further information, please contact: Greg SmithExecutive Vice President and Chief Financial [email protected]: (713) 609-9101Manolo ZunigaPresident and Chief Executive [email protected] : (713) 609-9101Mark Antelme / Henry LerwillCelicourt [email protected] : 44 207 520 9261 James Spinney / Ritchie Balmer / Eric AllanStrand Hanson Limited (Nominated & Financial Adviser)T: 44 (0) 207...