PetroTal Corp. (LSE:TAL) reported a strong increase in oil production for the third quarter of 2025, averaging 18,414 barrels of oil per day. This represents a 21% year-on-year improvement, underscoring the company’s operational resilience and production growth momentum.
The quarter was not without challenges. Production at the Bretaña Norte oil field was affected by leaks in production tubing, but remediation measures are underway. PetroTal anticipates production will continue to ramp up as these issues are resolved in the coming months.
Financially, the company remains on solid footing with $141.5 million in total cash, providing a strong foundation for ongoing development and investment. Alongside operational initiatives, PetroTal continues to prioritize community engagement and responsible energy development.
About PetroTal Corp.
PetroTal Corp. is an oil and gas development and production company headquartered in Calgary, Alberta. Its primary operations are in Peru, where it manages the Bretaña Norte oil field in Block 95. As the largest crude oil producer in the country, PetroTal is focused on expanding production while maintaining a strong commitment to community and environmental stewardship.
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