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Highlights of the Chairman's Statement from AGM

Highlights of the Chairman's Statement from AGM.

articlePetrel Resources PlcJuly 28, 20164/company/petrel-resources/news/highlights-of-the-chairmans-statement-from-agm-1
Highlights of the Chairman's Statement from AGM

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[{"type":"text","content":"\n \nRNS Number : 5436F Petrel Resources PLC 28 July 2016  \n\n \n                                                                                         \n                                                                                          \n \n \n                                                                                             \n \n28th July 2016\nPetrel Resources plc\n(\"Petrel\" or the \"Company\")\n \nHighlights of the Chairman's Statement to the AGM of \nPetrel Resources Plc held In Dublin at 12 noon Thursday 28th July 2016.\n \nØ  The focus of current activity is in the Porcupine Atlantic offshore Ireland where our partner, Woodside   Resources, is undertaking a $6 million seismic survey over Frontier Exploration Licence (FEL) 3/14.  The survey   is 87% complete.\nØ  The seismic will be processed over the coming months.  Assuming that targets are identified a well could be   drilled in 2018.\nØ&nbs...

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