PetroTal Corp. (OTCMKTS:PTALF – Get Free Report) shares were down 0.9% during trading on Thursday. The company traded as low as $0.4057 and last traded at $0.4057. Approximately 33,634 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 300,179 shares. The stock had previously closed at $0.4095.
PetroTal Stock Down 0.9%
The business has a 50 day simple moving average of $0.40 and a 200-day simple moving average of $0.36.
PetroTal Company Profile
PetroTal Corp. is a Canadian oil and gas company focused on the exploration, development and production of crude oil in Peru. The company’s principal asset is the Bretaña oil field, located within Block 95 in Peru’s Loreto region in the northern Peruvian Amazon.
PetroTal operates the Bretaña field and produces heavy crude oil for sale to domestic and international markets. Its operations include drilling, field development, production management and the transportation of crude through regional infrastructure, including river-based logistics associated with the Amazon basin.
The company was established to pursue oil and gas opportunities in Peru and has concentrated its activities on expanding production and infrastructure at Block 95.
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