PET Petrel Resources Plc

0.95

0.00 (0.00%)

23 Jul 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Petrel Resources Plc	LSE:PET	London	Ordinary Share	IE0001340177	ORD EUR0.0125 (CDI)

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	0.95	0.90	1.00	0.95	0.95	0.95	0.00	08:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Oil And Gas Field Expl Svcs	0	-491k	-0.0027	-3.52	1.75M

Drilling Report

28/11/2003 1:02pm

UK Regulatory

RNS Number:6309S
Petrel Resources PLC
28 November 2003

             Petrel prepares Iraqi oil field development tender



Petrel Resources plc ("Petrel" or the "Company"), the oil and gas exploration
company, is continuing with its oil exploration and development activities in
Iraq.



Petrel is pre-qualified for development of existing fields.  This week the
Company received the data package for the first of an expected three tenders.
Its engineers are now preparing a proposal to develop the Khurmala Dome of the
Kirkuk oil field.  This work is fully funded by the recent institutional
placing.



As the business develops, Petrel expects to widen its institutional following.
German marketmakers now include Petrel, as the first AIM stock on the Over the
Counter market for foreign shares with an existing listing outside of Germany
(Auslandsfreiverkehr) which has generated new interest in the Company.














                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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