PetroTal Plans $80-90 Million Investment in 2026 to Restart Bretaña Operations
The Canadian oil producer presents a 2026 budget focused on liquidity preservation and resumption of drilling in Peru, following a 2025 marked by operational challenges.
| Countries | Brésil, Canada, Pérou |
|---|---|
| Sector | Pétrole |
| Theme | Investissements & Transactions |
PetroTal Corp. has unveiled its 2026 guidance with a capital program ranging from $80 to $90 million, of which approximately $18 million is carried over from the previous year. The Canadian company, listed in Toronto and London, targets average annual production of 11,750 to 12,250 barrels of oil per day (bopd) at its main Bretaña field located in Peru. This range aligns with the low-case scenario presented during the third quarter 2025 results release.
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