Health & Safety

Health
& Safety 

Health & Safety Policies

It is the policy of PetroTal to conduct all of its operations in a manner which protects people and property and strive to improve its health and safety performance.

PetroTal has an established Corporate Management System in place to ensure that:

  1. There is a management organization in place which will plan operations resulting in the provision of safe systems and places of work and the effective management of health and safety at all of its operated sites.
  2. It provides the necessary training for its employees and contractors to ensure that they have the knowledge and capability to conduct operations in a safe manner.
  3. It co-operates with its contractors, who also have defined responsibilities for health and safety, to provide safe and healthy work places.
  4. Adequate contingency plans for emergency situations are developed and implemented for all of its operations.
  5. That there is effective security for personnel and company assets based on risk assessment at all operated locations and during travel to and from locations.
  6. It consults with its employees on matters affecting their health and safety.
  7. It complies with all applicable health and safety legislation.

PetroTal recognizes that prevention of accidents and ill health is essential to the efficient operation of its business. Accordingly, the management of health and safety issues is an integral part of the company’s management arrangements and commands at least equal prominence when balanced against operational and commercial considerations. PetroTal recognizes the value of both its own employees and its contractors’ and considers their well-being to be a major factor in the success of all its business activities.

This Health and Safety Policy shall be applied at all PetroTal’s locations. PetroTal will review and audit all aspects of the management system to ensure that it is being complied with and to seek improvements to the system. The management system will continue to be actively developed in line with the development of PetroTal’s business activities.

Although overall responsibility for health and safety rests with PetroTal, and ultimately the CEO, every employee and contractor must recognize their own responsibilities (in particular, any specific responsibilities under legislation, or delegated to them as individuals) to ensure the health and safety of themselves and others.


PetroTal Corp recognizes that prevention of accidents and ill health is essential to the efficient operation of its business.


Environment

Environment

Environmental Policies

It is the policy of PetroTal to conduct all of its operations in a manner which will minimize its impact on the environment and strive to improve its environmental performance.

PetroTal has an established Corporate Management System in place to ensure that:

  1. There is a management organization in place to plan operations to minimize the impact to the environment from its operations by identifying and managing the relevant environmental risks.
  2. Environmental issues are considered from the outset when planning operations, to reduce waste, the consumption of resources and prevention of pollution to the environment.
  3. PetroTal provides the necessary training for its employees and contractors to ensure that they have the knowledge and capability to conduct operations in an environmentally sensitive manner.
  4. Adequate contingency plans for emergency/pollution situations are developed and implemented for all operations which may impact the environment.
  5. PetroTal complies with all the applicable environmental regulations and codes of practice
  6. PetroTal is committed to continual improvement of its performance by setting and reviewing environmental objectives and targets.
  7. PetroTal will provide the necessary resources, advice and guidance to ensure the communication and implementation of this policy and to monitor and report on the company’s environmental performance.

PetroTal recognizes that minimizing environmental impact and the prevention of environmental incidents is essential to the efficient operation of its business. Accordingly, the management of environmental issues is an integral part of the company’s management arrangements and commands at least equal prominence when balanced against operational and commercial considerations.

This Environmental Policy shall be applied at all Sterling’s locations. PetroTal will review and audit all aspects of the management system to ensure that it is being complied with and to seek improvements to the system. The management system will continue to be actively developed in line with the development of Sterling’s business activities.

Although overall responsibility for environmental issues rests with Sterling, and ultimately the CEO, every employee and contractor must recognize their own responsibilities (in particular, any specific responsibilities under legislation, or delegated to them as individuals) to ensure sound environmental performance.


The management of environmental issues is an integral part of the PetroTal's management arrangements.


Management

Executive
Management 

Manuel Zúñiga is a petroleum engineer with 30 years of industry experience. Mr. Zúñiga was a founder and the President and Chief Executive Officer of BPZ when oil was discovered in the Corvina field of the Z-1 Block, brought online in less than two years using the first floating production storage and offloading (FPSO) unit ever used in Peru and developed with a buoyant drilling and production platform. Prior to completion of the Arrangement, Mr Zúñiga had been the President and Chief Executive Officer and Chairman of the Managers of PetroTal LLC since January 2016.

He started his career as a junior engineer with Occidental Petroleum where he worked in Block 1-AB, located in the northern jungle of Peru. He was born and raised in Talara, Peru and has led exploration and development projects for oil and gas in Peru, as well as other countries in Latin America. He has established relationships with operators in Peru, including owners of the targeted assets, and has good relationships with government agencies in the region. Mr. Zúñiga holds a Bachelor of Science degree in Mechanical Engineering from the University of Maryland and a Masters of Science degree in Petroleum Engineering from Texas A&M University.

Executive Vice President and Chief Financial Officer

Douglas Urch has over 35 years of oil and gas industry experience. Previously, Mr. Urch was the Executive Vice President, Finance and Chief Financial Officer of Bankers Petroleum Ltd. and Vice President, Finance and Chief Financial Officer of Rally Energy Corp. Mr. Urch is a Chartered Professional Accountant (CPA) and a designated member of the Institute of Corporate Directors (ICD). Mr. Urch has been a Director of PetroTal since inception and was Chairman of the Board from June 2018 until November 2019. Mr. Urch graduated from the University of Calgary with a Bachelor of Commerce degree.

Vice President, Exploration and Development
  • Over 35 years of Latin American oil and gas experience with focus on designing and executing exploration and production programs
  • Multiple senior technical and management level roles with Occidental and Repsol
  • Former CEO of CGX Energy

Our team continues to deliver ahead of schedule, which sets the stage for PetroTal to grow for the foreseeable future.


Management and Technical Team with In-depth Expertise and Proven Track Record in Peru


About Us

About
PetroTal 

Company Profile

PetroTal is a publicly-traded oil and gas development and production company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.  The Company’s management team has significant experience in developing oil fields in Northern Peru and is led by an independent Board of Directors that is focused on safely and cost effectively developing and exploiting the Bretaña oil field.

Production for Bretaña is estimated to exceed 20,000 barrels of oil per day by 2022. The field holds over 100 million barrels of oil on a 3P basis making it a significant resource for the Company to produce from for years to come even after reaching peak production.


Focused on Acquisition, Development and Exploration of Material Oil Assets in Peru


Operations

PetroTal
Operations

Focused on Peru

PetroTal Corp. is a junior oil and gas company domiciled in Canada with corporate offices in Houston, Texas. The company is focused on development of oil and gas assets in Peru.

Bretaña (Block 95) (100% WI)

  • 51 MMBO 2P reserves
  • 106 MMBO 3P reserves
  • Current production ~14,000 bopd with production estimated to exceed 20,000 in 2022
  • Significant potential to increase production through improved recovery factors

Block 107/133 (100% WI)

  • 534 MMBOE located in the Ucayali basin
    • Contains the Osheki prospect
    • On trend with several large fields
  • Several leads to be de-risked by Osheki that combined could contain 4.6 BBO of unrisked prospective recoverable resources
  • Farmout process underway – targeting first exploration well in late 2022/early 2023


Focused on Acquisition, Development and Exploration of Material Oil Assets in Peru


Home

Company Profile

PetroTal is a publicly-traded oil and gas development and production company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru.  The Company’s management team has significant experience in developing oil fields in Northern Peru and is led by an independent Board of Directors that is focused on safely and cost effectively developing and exploiting the Bretaña oil field.


AREAS OF OPERATION


LEARN MORE


INVESTOR
RELATIONS


LEARN MORE


RECENT
PRESENTATIONS


LEARN MORE


COMPANY
NEWS


LEARN MORE