Petrotal Bretana News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Peru: PetroTal announces strategic acquisition of Block 131 in Peru
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Strategic Acquisition of Block 131 in Peru | Company Announcement
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PetroTal Announces Strategic Acquisition of Block 131 in Peru
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Malcy s Blog - Oil price, PetroTal, Zephyr, Rockhopper, Longboat, Harbour, Hurricane, President And finally…
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Peru: PetroTal completes first oil export sale through Brazilian terminal
04 Jan 2021
PetroTal has announced the first export of
Bretana oil into the Atlantic region through Brazil. This provides PetroTal with an additional option to monetize oil sales, beyond the Company’s existing important sales arrangements with Petroperu using the Northern Oil Pipeline ( ONP ), and to the Iquitos refinery. This will facilitate future oil production growth when the Company continues development of the Bretana oil field, targeting to reach 20,000 barrels of oil per day in Q1 2022.
This initial shipment of 106,000 barrels was arranged between PetroTal and Novum Energy Trading, a British Virgin Islands registered Corporation, to establish the viability of Bretana oil exports using the Amazon river through Brazil. In early December 2020, a convoy of barges were loaded at Bretana and have now reached the terminal area near Manaus, Brazil for transfer into a tanker that will deliver the oil to t