PetroTal forecasts FY2026 adjusted EBITDA at USD 110 million-120 million
Reuters2026/09/06 23:18- PetroTal guided 2026 average production of 12,000 bopd; 2026 YTD actual output averaged 13,181 bopd.
- Capital spending outlook set at USD 80-90 million; adjusted EBITDA forecast at USD 110-120 million.
- May guidance assumed Brent at USD 83.6; net operating income projected at USD 180 million; EBITDA at USD 117 million.
- After-tax free funds flow expected at USD 8 million; year-end cash balance projected at about USD 120 million.
- Drilling restart targeted for Q4 2026; first well expected to spud in October 2026; 2027 production target above 20,000 bopd.
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