Business
Data Room Opened and Farm Out Discussions Underway
Data Room Opened and Farm Out Discussions Underway.
About this update from Petrel Resources Plc
[{"type":"text","content":"\n \nRNS Number : 6344E Petrel Resources PLC 14 May 2013 \n \n\n14 May 2013\nPetrel Resources plc\n(\"Petrel\" or the \"Company\")\n \nPorcupine Basin Data Room Opened and Farm Out Discussions Underway\n \nPetrel Resources today announces that a data room has been opened in London for its two Licensing Options, 11/4 and 11/6, in the Porcupine Basin, Irish Atlantic Margin. The two Licensing Options cover 1,400 square kilometres, with licence 11/4 in the north of the basin, and 11/6 in the east of the basin. \n \nThe Directors have commenced negotiations with a number of oil and gas companies interested in participating in the two licences.\n\n \n\n \n\nPetrel Resources is a diversified oil and gas exploration and production company, with interests in Ghana, Ireland and Iraq. The company has a signed petroleum agreement in Ghana, holds two licences in offshore Ireland and ongoing interests in Iraq.\n \n\n \n \nEnquiries:\n \n\n\n\n\nPetrel Resources Plc\n\n\n\n\n\n\n\nDavid Horgan, Managing Director\n\n\n+353 (0)87 292 3500\n\n\n\n\nJohn Teeling, Executive Chairman\n\n\n+353 (0)1 833 2833\n\n\n\n\n\n\n\n\n\n\n\n\nNorthland Capital Partners Limited\n\n\n\n\n\n\n\nJohn Henry-Wickes / Alice Lane\nEdward Hutton / Gavin Burnell\n\n\n+44 (0)20 7796 8800\n\n\n\n\n\n\n\n\n\n\n\n\nBlythe Weigh Communications\n\n\n+44 (0) 20 7138 3204\n\n\n\n\nTim Blythe\n\n\n+44 (0) 781 692 4626\n\n\n\n\nRobert Kellner\n\n\n+44 (0) 7800 554 377\n\n\n\n\n\n\n\n\n\n\n\n\nPembroke Communications\n\n\n\n\n\n\n\nDavid O'Siochain\n\n\n+353 (0) 1 649 6486\n \n\n\n\n\n \n \n \n \nwww.petrelresources.com\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCAIMFTMBJBMLJ\n ","length":5830,"tagName":"div"}]