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Stocks in play: PetroTal Corp
Announced the following operational, financial and corporate updates. All amounts are in U.S. dollars unless stated otherwise. PetroTal achieved an average production of 18,290 barrels of oil per day ("bopd") in Q2 2024, which included a brief river blockade during the quarter. June's average production was 20,555 bopd. PetroTal exited Q2 2024 in a strong position with approximately $84 million of unrestricted cash and $12 million of restricted cash for a total of $96 million, as at June 30, 2024. PetroTal Corp shares T.TAL are trading unchanged at $0.74.
