ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

PET Petrel Resources Plc

1.85
0.00 (0.00%)
24 Apr 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% 1.85 1.80 1.90 1.85 1.85 1.85 28,797 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 0 -311k -0.0020 -9.25 2.91M

Petrel Resources PLC Tano 2A Block Update (8799A)

17/09/2018 7:00am

UK Regulatory


Petrel Resources (LSE:PET)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Petrel Resources Charts.

TIDMPET

RNS Number : 8799A

Petrel Resources PLC

17 September 2018

17(th) September 2018

Petrel Resources plc

("Petrel" or "the Company")

Update regarding contract for the Tano 2A Block

Petrel Resources, the oil and gas exploration company with an interest in Ghana, is pleased to announce that the Company's Directors believe they have resolved the outstanding issues with the Ghana National Petroleum Corporation (GNPC) regarding a contract for the development of the Tano 2A Block (the 'Petroleum Agreement'). As such, all legal proceedings have been withdrawn and the Company looks forward to making further announcements regarding the Petroleum Agreement in due course.

David Horgan, Director, commented:

"We are delighted to report that all outstanding issues have now been resolved with GNPC regarding our Tano 2A Block. All legal proceedings have been withdrawn so, after normal consultations, the next stage is for the Petroleum Agreement to be sent to Cabinet for review. I look forward to providing further announcements as appropriate."

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

ENDS

For further information please visit http://www.petrelresources.com/ or contact:

Enquiries:

 
            Petrel Resources 
 John Teeling, Chairman                      +353 (0) 1 833 2833 
 David Horgan, Director 
 
 Nominated Adviser and Broker 
 Northland Capital Partners Limited 
 David Hignell / Edward Hutton (Corporate 
  Finance)                                   +44 (0) 20 3861 6625 
 Rob Rees / Isabella Pierre 
 
 Public Relations 
 Blytheweigh                                 +44 (0) 207 138 3206 
 Simon Woods                                 +44 (0) 746 643 9633 
 Camilla Horsfall                            +44 (0) 787 184 1793 
 
 
   Teneo PSG 
 Luke Hogg                                   +353 (0) 1 661 4055 
 Alan Tyrrell                                +353 (0) 1 661 4055 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

UPDLIMATMBIBBPP

(END) Dow Jones Newswires

September 17, 2018 02:00 ET (06:00 GMT)

1 Year Petrel Resources Chart

1 Year Petrel Resources Chart

1 Month Petrel Resources Chart

1 Month Petrel Resources Chart

Your Recent History

Delayed Upgrade Clock