Petrel Resources

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Latest Petrel Resources News

Petrel Resources announce Board change
  • Stefano Borghi resigned yesterday as a non-executive Director of the Company.
Tuesday, May 22, 2012

FoxDavies views from the trading floor - Chariot Oil & Gas, Gulf Keystone, Red Emperor and Red Emperor Resources
The main talking point of the Oil & Gas sector today was the ratings adjustment by Goldman Sachs. Michele Maatouk at Dow Jones news wires posted a report saying, Goldman Sachs takes a look at UK E&P s
Wednesday, May 09, 2012

FoxDavies views from the trading floor - San Leon, Europa Oil & Gas and Petrel Resources
The Falkland drillers were active once again today, after the weekend press highlighted the area could potentially be in play. The name highlighted by the article in The Sunday Times was Cairn Energy.
Monday, January 16, 2012

Petrel Resources Chairman Presents Half Yearly Statement
  • Petrel holds cash balances of almost $6 million and has no liabilities despite a period of unprecedented uncertainty
  • Ghanaian licence application, where the company holds a 30% interest, is making progress through the regulatory process in Accra
  • Ratification of the Tano 2A concession by the Ghanaian parliament will trigger immediate and extensive activity
Tuesday, September 27, 2011

Petrel Resources Fails To Make The Cut In Iraq's 4th Oil Licencing Round
  • Petrel fails to pre-qualify in Iraq's 4th oil licencing round
  • Iraqi authorities heavily weighted towards financial size and strength, rather than practical experience working in Iraqi conditions, says Petrel managing director
  • Petrel to continue direct discussions on existing interest in Western Desert Block 6
  • Petrel to seek direct negotiations on smaller fields that have not been awarded in the bid rounds
Tuesday, August 09, 2011

Petrel Resources Announce Preliminary Results
Highlights: The Subba and Luhais oil field development contract in Iraq is virtually completed. Petrel has received all US$7 million due from the sale of the Company's shareholding
Monday, June 27, 2011

Petrel Resources Provides Update on Iraqi Operations
Petrel Resources announces that Petrel has received the final US$2.5m payment due in relation to the Engineering, Procurement and Supervision of Services (EPC) contract on the Subba and Luhais oil fie
Friday, May 13, 2011

Petrel Resources Provides Update on Iraq Operations
Petrel Resources, the AIM listed oil and gas explorer, reports that work continues on the Subba & Luhais EPC project in southern Iraq. Petrel has received the second tranche of $2.5 million due u
Thursday, November 11, 2010

Petrel Resources Work to Re-start in Iraq
• Petrel-Makman Joint Venture to re-start to complete the Subba and Luhais oilfield development services contract • Petrel has received $2 million • Petrel to receive a further $5 million in 2 tra
Monday, April 26, 2010

Petrel Resources Announces Successful Fundraising for Iraqi Operations
Petrel Resources has raised £1,840,500, before expenses, through the placing of 4,090,000 shares at a price of 45p with three long-standing institutional shareholders, who were interested in increasin
Monday, May 11, 2009

Petrel Resources Who's Who

David Horgan
Managing Director
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John Teeling
Executive Chairman
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Guy Delbes
Director
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Stefan Borghi
Director
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James Finn
Secretary
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Petrel Resources Offices

Ireland
Head Office
Corporate Head Office
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