[edit] Company Activities
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Petrel Resources is incorporated in Ireland. The Company moved from London’s Ofex Market to the London Stock Exchange’s Alternative Investment Market (AIM) in August 2000. The focus of the Company's operations is in Iraq, where it had been seeking an agreement to develop three existing oil fields in Southern Iraq while applying for exploration acreage in the Western Desert. The Company has had a presence in Baghdad for years and have successfully built a strong Iraqi and international team and negotiated with the Iraqi Oil Ministry including the first and largest contract awarded since 2003.
Petrel’s strategy is centered on projects in Southern Iraq, however, as part of the regional cooperation and the technical work that has been undertaken in the region, our staff has gained knowledge of the petroleum systems of the Arabian Peninsula and this has led to the pursuit of select opportunities in neighbouring countries.
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[edit] Key Investor Issues
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Details of Key Investor Issues here
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Details of Risks here
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[edit] Delayed Share Price Information
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| PET Share Price Quote
| 53.00
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| PET Share Price Change
| +3.00
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| PET Share Price High
| 55.00
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| PET Share Price Low
| 50.00
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| PET Share Price Open
| 52.50
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| PET Share Price Volume
| 196,305
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[edit] Research Links
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Details of Research Links here
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