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WPL Woodside Petroleum Limited

28.97
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 20 minutes
Share Name Share Symbol Market Type
Woodside Petroleum Limited ASX:WPL Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 28.97 28.97 29.00 0.00 01:00:00

Petrel Resources Expects 3D Seismic Survey to Begin in 40 Days

25/05/2016 9:00am

Dow Jones News


Woodside Petroleum (ASX:WPL)
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By Alex MacDonald

 

LONDON--Oil and gas explorer Petrel Resources PLC (PET.LN) said Wednesday it expects Woodside Petroleum Ltd. (WOPEY) to start a 3D seismic survey of Frontier Exploration Licence 3/14 in the Irish Atlantic Ocean in about 40 days.

Petrel has a 15% stake in the license, while Woodside is the opertor. Petrel also has projects in Ireland, Iraq and Ghana.

Shares in Petrel Resources were up 8.8% at 4.625 pence a share, resulting in a market capitlalization of GBP4.6 million or $6.7 million.

 

Write to Alex MacDonald at alex.macdonald@wsj.com

 

(END) Dow Jones Newswires

May 25, 2016 03:45 ET (07:45 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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