PetroTal Corp. (LSE:TAL) reported solid financial and operational performance in the second quarter of 2025, with average daily production and sales surpassing 20,000 barrels of oil. Despite a weaker pricing environment, the company generated strong free cash flow and ended the quarter with healthy cash reserves.
However, a combination of drilling delays and sustained lower oil prices prompted PetroTal to revise its full-year production forecast. In response, the company has temporarily deferred certain investments to better align with its long-term development strategy for the Bretana oil field. During the quarter, PetroTal also completed upgrades to its infrastructure, boosting its oil treatment capacity. Additional development activity is now planned for 2026 as the company positions itself for future growth.
About PetroTal Corp.
PetroTal Corp. is an oil and gas company focused on the exploration and production of crude oil. Its flagship asset is the Bretana oil field in Peru, which remains central to the company’s operations and strategic growth plans.
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