Petrotal Corporation

Bretana drilling restart and water handling

Drilling restarted at Bretana with well 25H spud on 21 Sept 2026, the first new well since January 2025. On 14 Oct 2026 the company said drilling was on schedule at 3,362m. Injection capacity rose after stimulations. It now targets about 20,000 bopd by end of Q1 2027.

Injection capacity

Just over 190,000 bwpd since 3 Sept, up 9% on August; target 320,000 bwpd by end-2028 23 Sep 2026 ↗

September output

Group 12,286 bopd; Bretana 11,960 bopd; both up about 600 bopd on August 23 Sep 2026 ↗

Inventory

22 drilling locations remaining; target plateau of approximately 20,000 bopd 23 Sep 2026 ↗

Progress

At 3,362 meters on 14 October 2026, in line with pre-drill prognosis 14 Oct 2026 ↗

Target

Bretana production about 20,000 bopd by end of Q1 2027 14 Oct 2026 ↗

Water injection

Averaged 187,000 bwpd in September 2026, up 6% on August 14 Oct 2026 ↗

Next: 25H well results and Q3 financial results webcast · 9 Nov 2026

1. 14 Oct 2026 Well 25H drilling on schedule at 3,362m
2. 23 Sep 2026 Well 25H spud 21 Sept; drilling under way
3. 7 Sep 2026 Evaluating proposals; construction largely suspended
4. 6 Aug 2026 Re-tender ongoing; construction largely suspended