PetroTal production runs ahead of budget as Block 131 royalty terms improve
PetroTal reported an operations update on 7 September 2026. Production and drilling Production averaged 13,181 barrels per day through August, approximately 3% above internal budget. August alone averaged 11,709 barrels daily. Bretana development drilling remains scheduled to resume in October, following pump and tubing work and water-injection improvements. Royalty agreement Qualifying incremental Block 131 production will pay price-sensitive royalties of 5%, 9% or 15%. Approximately 60% of cur
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