Business
Potential acquisition
Potential acquisition.
About this update from Petrel Resources Plc
[{"type":"text","content":"\n \nRNS Number : 2360K Petrel Resources PLC 26 July 2013 \n \n\n \n \n \n \n \n \n \n26 July 2013\n \n \nPetrel Resources plc\n(\"Petrel\" or \"the Company\")\n \nPotential acquisition\n \nThe Board of Petrel (AIM: PET) is pleased to announce that negotiations on a potential Iraqi investment are at an advanced stage whereby a private company with extensive hydrocarbon interests in Iraq would inject an asset into Petrel in return for a minority shareholding in Petrel as well as board representation. \n \n \nENDS\n \nEnquiries:\n \n\n\n\n\n\nPetrel Resources Plc\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 \nNorthland Capital Partners Limited\n\n\n\n\n\nJohn Howes / Alice Lane\nEdward Hutton / Gavin Burnell\n\n\n+44 (0)20 7796 8800\n\n\n\n\n\n \nBlythe Weigh Communications\n\n\n\n\n \n+44 (0) 207 138 3204\n\n\n\n\n\nTim Blythe\n\n\n+44 (0) 781 692 4626\n\n\n\n\nEleanor Perry\n\n\n+44 (0) 755 129 3620 \n\n\n\n\n\n \nPembroke Communications\n\n\n\n\n\nDavid O'Síocháin\n\n\n+353 (0) 1 649 6486\n \n\n\n\n\n \n \n \n \nwww.petrelresources.com\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUNAWRORABURR\n ","length":9919,"tagName":"div"}]