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Petrel Resources Plc(PET)

Description: Petrel Resources plc is a junior oil and gas exploration company with activities in Iraq, Ghana and Ireland. The Company is active in the Irish offshore Atlantic Margin, Ghana's Tano Basin and Iraq. The Company holds an interest in over 1,050 kilometers of prospective acreage in the Porcupine Basin of the Irish offshore. The Company has two frontier exploration licenses (FELs), which include FELs 3/14 and 4/14. The Company also owns and operates approximately 920 square kilometers Licensing Options in the Porcupine Basin. Its license options include the north-western Porcupine License Option, which includes Block 35/01 and the available portion of Block 35/02, and Block 26/26 and the available portion of Block 26/27. The second License Option in the Eastern Porcupine includes the entirety of Block 45/27. The Company also holds interest in a signed Petroleum Agreement in the Ghanaian Tano 2A Block, close to circa two billion barrels of recent discoveries.


Keywords: Oil And Gas Gas Petroleum Oil And Gas Exploration Gas Exploration Options Fel Tano Petrel

Home Page: petrelresources.com

PET Technical Analysis

162 Clontarf Road
Dublin, 3
Ireland
Phone: 353 1 833 2833


Officers

Name Title
Mr. David Horgan MD & Exec. Chairman
Mr. James Michael Finn Fin. Director, Financial Controller & Company Sec.

Exchange: LSE

Country: UK

Currency: Pence sterling (p)

Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 22.1915
Price-to-Sales TTM: 0
IPO Date:
Fiscal Year End: December
Full Time Employees: 4
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