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Petrel Resources plc (PET) Ordinary EUR 0.0125

Sell:1.70p Buy:1.75p 0 Change: No change
Market closed Prices as at close on 24 September 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:1.70p
Buy:1.75p
Change: No change
Market closed Prices as at close on 24 September 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:1.70p
Buy:1.75p
Change: No change
Market closed Prices as at close on 24 September 2021 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Petrel Resources plc is a junior oil and gas exploration company with activities in Iraq, Ghana and Ireland. The Company is active in the Irish offshore Atlantic Margin, Ghana's Tano Basin and Iraq. The Company holds an interest in over 1,050 kilometers of prospective acreage in the Porcupine Basin of the Irish offshore. The Company has two frontier exploration licenses (FELs), which include FELs 3/14 and 4/14. The Company also owns and operates approximately 920 square kilometers Licensing Options in the Porcupine Basin. Its license options include the north-western Porcupine License Option, which includes Block 35/01 and the available portion of Block 35/02, and Block 26/26 and the available portion of Block 26/27. The second License Option in the Eastern Porcupine includes the entirety of Block 45/27. The Company also holds interest in a signed Petroleum Agreement in the Ghanaian Tano 2A Block, close to circa two billion barrels of recent discoveries.

Contact details

Address:
Dublin 3, 162 Clontarf Road
DUBLIN
D03 F6Y0
Ireland
Telephone:
+353 (01) 8332833
Website:
www.petrelresources.com/

Important dates

Future events
There are no future events available.
Past events
Interim results 22 September 2021 22/09/21
AGM 27 July 2021 27/07/21
Final results 04 June 2021 04/06/21
EGM 23 February 2021 23/02/21

General stock information

EPIC:
PET
ISIN:
IE0001340177
Market cap:
£2.71 million
Shares in issue:
157.04 million
Sector:
Oil & Gas Producers
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
n/a

Key personnel

  • John Teeling
    Chairman of the Board
  • James Finn
    Chief Financial Officer, Secretary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.