Business
PetroTal to Release Q1 2022 Results on May 26, 2022, Along with an Investor Webcast
Well 11H Drilling Commenced on May 7, 2022 Calgary, Alberta and Houston, Texas--(Newsfile Cor...
About this update from Petrotal Corp.
[{"type":"text","content":"PetroTal to Release Q1 2022 Results on May 26, 2022, Along with an Investor WebcastWell 11H Drilling Commenced on May 7, 2022Calgary, Alberta and Houston, Texas--(Newsfile Corp. - May 19, 2022) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (OTCQX: PTALF) (\"PetroTal\" or the \"Company\") is pleased to announce that Q1 2022 results will be released on May 26, 2022, along with an extended investor webcast. Additionally, the Company commenced drilling the 11H well on May 7, 2022.Commenced drilling well 11H. On May 7, 2022, PetroTal commenced drilling well 11H, which has an approximate cost of $13.5 million, a total depth of around 4,300 meters, and includes a synthetic mud system. The estimated completion date will be in late June 2022 with flush production expected to contribute to July 2022 operating results. Extended investor webcast. PetroTal is pleased to announce it will be hosting an extended virtual investor meeting commencing at 9:00 am CT (3:00 pm BST) on May 26, 2022 following release of Q1 2022 results. The webcast is expected to last approximately two hours and will include presentation of the Q1 2022 results, an investor Q&A session and additional management commentary on a number of PetroTal's operational and financial aspects as well as the Company's short and long term strategy.Link to PetroTal investor morning webcasthttps://stream.brrmedia.co.uk/broadcast/6274f7b58eb4f178d1ef9592New technically focused presentation available on website. PetroTal's technical team is presenting an in-depth technical view of the Bretana asset at the FEX Energia conference in Quito, Ecuador on May 19, 2022. The technical presentation is now available on the Company's website. ABOUT PETROTALPetroTal is a publicly traded, tri‐quoted (TSXV: TAL) (AIM: PTAL) (OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru. PetroTal's flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95 where oil production was initiated in June 2018. In early 2020, Petrotal became the largest crude oil producer in Peru. The Company's management team has significant experience in developing and exploring for oil in Peru and is led by a Board of Directors that is focused on safely and cost effectively developing the Bretana oil field. It is act...