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PetroTal's Q3 2025 oil output rose 21% annually to 18,414 bpd, despite temporary well shutdowns, with full-year guidance unchanged.
PetroTal Corp. reported third-quarter 2025 oil production averaged 18,414 barrels per day, a 21% annual increase, driven by its Bretana field despite a temporary drop due to tubing leaks that shut in five wells since mid-August.
Production is expected to ramp up through November and December after a service rig began repairs.
The company maintained its full-year production guidance of 20,000–21,000 bopd, ended the quarter with $141.5 million in total cash, paid a $0.015 per share dividend, and plans to resume development drilling in Peru in Q2 2026.
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La producción de petróleo de PetroTal en el tercer trimestre de 2025 aumentó un 21% anual a 18,414 bpd, a pesar de los cierres temporales de pozos, con una previsión inalterada para todo el año.