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PetroTal Corp - Calgary, Canada-based, Peru-focused oil and gas company - Says production in the first three months of the year was 12,618 barrels of oil per day, up 22% from 10,374 bopd the previous quarter. Net operating income for the quarter was $53.5 million, up 11% from $48.4 million in the last quarter. Adjusted earnings before interest, tax, depreciation and amortisation was $40.8 million, up 12% from $36.3 million in the last three months of 2022. Adds well 14H at its Bretana oil field in Peru was completed in late March and has produced 2,880 bopd at a constrained rate to date, in line with expectations. Current stock price: 44.62 pence, up 3.2% 12-month change: up 21% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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