12:13 PM EST - PetroTal Corp. : Provided an update on its operations and production at the Bretaña oil field in Block 95 in Peru (100% working interest). All monetary amounts in this release are in United States dollars. Highlights: Initial three-day production rate at the BN 95-5H horizontal well ("5H") is 8,250 barrels of oil per day, exceeding management's expectations; 5H well completed on time and came in approximately 20% ($3.0 million) less than the original $14.5-million budget; completed the 5H well using new technology to maximize oil production.. The Bretaña oil field reached new record production of over 9,000 BOPD, currently with just two (the 5H and the 1XD) of the six wells online. PetroTal Corp.
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