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Petrotal Corp

PetroTal Corp. acquires, explores, appraises, develops, and produces oil and natural gas properties in Peru. Its flagship asset is the wholly owned Bretaña Norte oil field in Block 95, located in the Marañón Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018. It is headquartered in Houston, Texas.

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PTAL.LSE

PetroTal Corp. second-quarter profit drops to $4.80 million

PetroTal Corp. reported a sharp decline in second-quarter earnings. Net income fell to $4.80 million, or $0.01 per share, from $17.51 million, or $0.02 per share, in the same period last year. Revenue decreased 8.5% to $64.81 million from $70.83 million a year earlier.
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