PetroTal chief executive Manuel Pablo Zuniga-Pflucker says the Peru-focused company is positioned for a robust resurgence after the ravages of the coronavirus pandemic.
Despite social distancing and operational constraints, PetroTal produced 350,000 barrels of oil in April and aims to have crude flowing again through all nine pumping stations on the Northern Oil Pipeline running from the Amazon jungle to the Pacific.
Before civil unrest forced a temporary shutdown of the pipeline in August, the flagship Bretana field was producing 12,000 barrels per day from seven wells on Block 95, deep in the rainforests of Loreto.