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PetroTal forecasts 2026 EBITDA of USD 117 million

PUBT·11/12/2026 14:51:21
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PetroTal forecasts 2026 EBITDA of USD 117 million
  • PetroTal forecasts 2026 EBITDA of USD 117 million, based on Brent crude at USD 83.60 a barrel.
  • Annual production guidance stands at 12,000 barrels per day, versus 13,076 barrels per day achieved in the first nine months.
  • Capital spending is budgeted at USD 80 million–90 million, with year-end cash projected at approximately USD 120 million.
  • Production capacity is targeted at 20,000 barrels per day by mid-2027, supported by a fully funded eight-well drilling program.
  • Drilling restarted in September 2026; existing cash flow and balance sheet resources will fund the program.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Petrotal Corp. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.