Petrel Resources plc is an AIM listed (Ticker: PET) oil & gas explorer focussed on projects in Ireland, Iraq and Ghana. These are exciting projects in the right areas with encouraging results.
There is a one billion plus barrel potential on our Porcupine Basin licence, FEL 3/14, which was farmed out to Woodside. A presence in Iraq since 1999.
Petrel also holds 10% of LO 16/14 operated by Woodside. Petrel operates 100% of LO 16/24 and 16/25.
Last updated 23 February 2021