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Re: roadkilll post# 24

Wednesday, 09/29/2021 9:12:33 AM

Wednesday, September 29, 2021 9:12:33 AM

Post# of 36
December 2019 this company did pay out a small dividend as cash flow with much lower production and gas prices.
I try to invest in management teams focused on shareholders. I like this management team.

After 2019 of course the company had to deal with Covid and actually being shutdown:
Petrotal announces that the Northern Oil Pipeline (“ONP”) operated by PETROPERU S.A. (“Petroperu”) has been shut down by a public health directive from the Peruvian government, thereby resulting in PetroTal having to shut in the Bretana oil field as a result of storage capacity limitations. Additionally, PetroTal provides an update on financing initiatives to accommodate the impact of oil price reductions occurring from oil sales at the Bretana oil field in Block 95 in Peru.

* Today they announce record production of 15,000 bopd from the Bretana field