Proactiveinvestors United Kingdom Petrel Resources articles

Petrel confident about returning to “Irish roots”

Tue, 27 Sep 2011 10:40:00 +0100

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

Fri, 13 May 2011 13:56:00 +0100

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

Mon, 26 Apr 2010 08:45:00 +0100

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

Fri, 26 Sep 2008 12:37:00 +0100

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

Petrel Resources audio interview transcript

Sat, 19 Apr 2008 00:00:00 +0100

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 Petrel Resources

Mon, 03 Mar 2008 00:00:00 +0000

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

Thu, 14 Dec 2006 00:00:00 +0000

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.