Petrel Resources Share Price (PET)

Its late. LOL

thanks OllyJ1...hopefully as the sp has dropped alot....small market capitalisation so i suposse if news does come buyers will come and we can easily see 60%+ in one day...seen on other shares like CNEL, ATC, PEG

From the 19th Sep RNS Woodside 85% and 90% (operator) Woodside farm-in offers were accepted for offshore blocks located in the emerging Porcupine Basin off Ireland. Petrel Resources plc has accepted Woodside’s offer to acquire 85% participating interest in Licensing Option 11/6 (comprising offshore blocks 45/6, 45/11 and 45/16) and Licensing Option 11/4 (comprising offshore blocks 35/23, 35/24 and 35/25). And from the Woodside Website quarterly report: Ireland During the quarter Woodside received gov approval to acquire an interest in three licensing option in the Porcupine Basin. During Q4 work programs for the first exploration phase will be proposed to the relevant regulator, as part of the application for Frontier Exploration Licenses, the issue of which is a condition to the completion of the acquisitions. So looks like there may be some news from that at some stage this year at least.

No probs. If you 'Google' Petrel Resouces, you'll get their webpage. I think it's got an email address in there. No idea what sort of reply you'll get...!

Barrow - thanks....do you have any contact details for CEO/Chairman...i may drop them an email to ask if anything is in the pipeline as way too quiet

I've had a holding in this for about ten years now...! Seen the highs of £1.30 come and go. With an average of just under 60p, I've a lot of ground to make up! If (one day) my other shares do well, I'll sell everything and use the capital loss in this share to offset the gains in the others ;-> I don't think there's any news actually due - with this share, nothing happens for ages and then suddenly a great big progress update arrives.