Parkmead shares rise as it steps-up Greater Perth Area oil hub
We are delighted with the significant progress we have achieved with the Greater Perth Area project"
Company
Parkmead Group
LON:PMG
The Parkmead Group is a specialist Investment Company. The Group's primary investment focus is in the Oil and Gas Exploration and Production sectors. The Parkmead Group invests in both E&P companies and licenses with a focus on the Middle East, Africa and Europe. The Parkmead Group is traded in the ISDX Exchange HERE
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Parkmead has increased proved and probable reserves to 27.9mln barrels of oil equivalent from 23.5mln.