Business
Stmnt re Share Price Movement
Stmnt re Share Price Movement.
About this update from Petrel Resources Plc
[{"type":"text","content":"\n RNS Number : 8949K Petrel Resources PLC 30 December 2008 \nPetrel Resources Plc\n\nStatement re Share Price Movement\n\nThe Board of Petrel Resources PLC ('the Company') notes the recent increase in the Company's share price, which it attributes to recent press speculation concerning the process for companies to tender in connection with the development of oil and gas fields in Iraq.\n\nThe focus of the Company's operations is, and has been since its establishment in the 1980s, in Iraq. However, the Company has no specific comment to make at this time about this press comment or its prospects for 2009.\n\n*** ENDS ***\n\nEnquiries:\n\nPetrel Resources \nJim Finn +353 862 58 1178 \n\nBlue Oar Securities \nNick Lovering +44 (0) 20 7448 4478 \n\nwww.petrelresources.com\nThis information is provided by RNSThe company news service from the London Stock Exchange END SPMEAAAEDFKPFFE \n ","length":2041,"tagName":"div"}]