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IN BRIEF: PetroTal Records Higher Annual Oil Production At Bretana

7th Jan 2021 17:08

PetroTal Corp - Peru-focused oil and gas development and production firm - Says following the recommencement of operations of Petroperu's Northern Oil Pipeline, oil production at the Bretana oil field is currently at 9,500 barrels per day and expected to reach 10,000 bopd in the next few days. Petroperu was shut down in early May 2020 due to the Covid-19 pandemic.

Total oil production for 2020 was 2.1 million barrels - around 5,675 bopd , up from to 1.5 million barrels - or 4,131 bopd- in 2019.

Current stock price: 15.15 pence

Year-to-date change: up 8.2%

By Ife Taiwo; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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