Petrel Resources PLC
LSE:PET
Petrel Resources PLC
Petrel Resources Plc engages in the oil exploration and development. The company is headquartered in Dublin, Dublin. The company went IPO on 2000-08-18. The firm is active in the Irish offshore Atlantic Margin, Ghana's Tano Basin and Iraq. The firm holds an interest in over 1,050 kilometers of prospective acreage in the Porcupine Basin of the Irish offshore. The firm has two frontier exploration licenses (FELs), which include FELs 3/14 and 4/14. The firm 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 firm also holds interest in a signed Petroleum Agreement in the Ghanaian Tano 2A Block, close to circa two billion barrels of recent discoveries.
Petrel Resources Plc engages in the oil exploration and development. The company is headquartered in Dublin, Dublin. The company went IPO on 2000-08-18. The firm is active in the Irish offshore Atlantic Margin, Ghana's Tano Basin and Iraq. The firm holds an interest in over 1,050 kilometers of prospective acreage in the Porcupine Basin of the Irish offshore. The firm has two frontier exploration licenses (FELs), which include FELs 3/14 and 4/14. The firm 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 firm also holds interest in a signed Petroleum Agreement in the Ghanaian Tano 2A Block, close to circa two billion barrels of recent discoveries.
