Petrel Resources

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Petrel Resources is an Irish and London listed oil Exploration Company that listed on the Alternative Investment Market in August 2000. The focus of the Company's operations is in Iraq, where it has been seeking an agreement to develop three existing oil fields in Southern Iraq while applying for exploration acreage in the Western Desert.

Petrel have had a presence in Baghdad for years and have successfully built a strong Iraqi and international team and negotiated with the Iraqi Oil Ministry including the first and largest contract awarded since 2003. As part of the regional cooperation and the technical work that has been undertaken in the region, our staff has gained knowledge of the petroleum systems of the Arabian Peninsula and this has led to the pursuit of select opportunities in neighbouring countries.

Website:
http://www.petrelresources.com/
Phone:
+353 1 833 2833
Address:
162 Clontarf Road, Dublin 3, Ireland.
Super Sector:
Energy
Sector:
Oil & Gas Producers
Industry:
Exploration & Production
EPIC / Symbols:
LON:PET

Sector: Oil & Gas Producers

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Petrel Resources RNS Press Releases
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Petrel Resources Articles
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  • Petrel confident about returning to “Irish roots”

    27/09/11

    Petrel confident about returning to “Irish roots”

    After a frustrating time in Iraq, where the firm continues to protect its interest in Block 6, Petrel is “quietly confident” about gaining licences in the Porcupine area offshore Ireland and is also waiting on its Tano 2A licence application in Ghana

  • Petrel Resources shares climb on progress in Iraq

    13/05/11

    Petrel Resources shares climb on progress in Iraq

    The AIM-listed company revealed today that its final payment due for its services on the Subba and Luhais oilfield in southern Iraq of $2.5mln had arrived and that it was back on the hunt for targets as it participates in the country's fourth licensing round.

  • Petrel Resources settles Iraq issues

    26/04/10

    Petrel Resources settles Iraq issues

    Petrel Resources has found an amicable settlement with the Iraqi Ministry of Oil and its local partner in in relation to the Subba and Luhais oilfield development - much to investors' relief.

  • Petrel Resources back on track in Iraq

    26/09/08

    Petrel Resources back on track in Iraq

    Shares in the highly speculative oil junior climbed slightly, as the company confirmed that “progress is again underway in our Iraqi operations”.
  • Audio interview transcript

    19/04/08

    Audio interview transcript

    Transcript of recent audio interview between Harry Norman of Proactiveinvestors and David Horgan, Managing Director of Petrel Resources
  • Interview with David Horgan, Managing Director of the LSE?s only oil and gas company working in Sout

    03/03/08

    Interview with David Horgan, Managing Director of the LSE?s only oil and gas company working in Sout

    Block 6 is believed to hold as much as 5 billion barrels of recoverable oil, and Petrel has already reprocessed oil seismic data from the Block and is ready to implement a plan.
  • Petrel Resources: Riding the risks in Iraq

    14/12/06

    Petrel Resources: Riding the risks in Iraq

    Oil is a risky business, and present day Iraq is probably one of the riskiest places for a company to try its luck. But Petrel Resources (AIM: PET, Berlin: PQ4) is undeterred.
Proactive Newswires
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Petrel Resources Related Media
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