Petrel Resources Share News (PET)

UK WINNERS & LOSERS: Airline Stocks Nosedive On Air France-KLM Warning

Clontarf & Petrel Say Ghana Legal Proceedings Adjourned Again

UK MIDDAY BRIEFING: AbbVie Sets Out Case For Shire Acquisition

UK WINNERS & LOSERS: REIT's Rise On Carney Message, Sector Activity

Petrel Resources Warns On Problems Faced In Iraq, Ghana And Ireland

Ireland to increase tax rate on future oil production

DUBLIN, June 18 (Reuters) - Ireland plans to increase the marginal tax rate on oil and gas production in its unproven waters to up to 55 percent from 40 percent, the country's energy minister said on Wednesday. Hopes that oil production could generate revenue for a debt-laden government, as

Clontarf Energy and Petrel Resources in talks over Ghana oil row

Shares in Clontarf Energy and Petrel Resources shot up on news that talks had begun to try to resolve a legal dispute over an oilfield that they own in Ghana. Clontarf's stock climbed 0.25p or 50% to 0.75p by 14:06 in London as Clontarf and Petrel said legal action they had launched to prevent a ri

UPDATE: Petrel Resources Chief Steps Aside To Focus On Ghana Dispute

LONDON (Alliance News) - Petrel Resources PLC Thursday said that Chairman John Teeling will be managing its day-to-day operations for the time being, with Managing Director David Horgan stepping aside from his role to focus on bringing the company's Ghanaian dispute to a successful conclusion.Read more

Petrel Resources Managing Director Steps Aside To Focus On Ghana Dispute

LONDON (Alliance News) - Petrel Resources PLC Thursday said that Chairman John Teeling will be managing its day-to-day operations for the time being, with Managing Director David Horgan stepping aside from his role to focus on bringing the company's Ghanaian dispute to a successful conclusion.Read more

UK MIDDAY BRIEFING: Sports Direct Plunges As Ashley Sells Small Stake

LONDON (Alliance News) - Sports Direct International founder and deputy Chairman Mike Ashley has sold a 4% stake in the firm, causing a sharp fall in its share price, just days after the sports goods retailer's shareholders again rejected a proposal to pay him a bonus.
Read more

UK WINNERS & LOSERS: Gold Miners Among The Biggest FTSE Risers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS Fresnillo, up 1.1%, and Randgold Resources, up 0.8%. The mining companies are benefiting from a sharp rise in the price of g

Petrel, Clontarf Granted Interlocutory Injunction By Ghana Court

LONDON (Alliance News) - Petrel Resources PLC and Clontarf Energy PLC said Tuesday that the High Court of Ghana had granted their application for an interlocutory injunction and an interim order to protect of its property rights at the Ghana Tano 2A Block. The companies are currently awaiti

STOCKS NEWS EUROPE-UK small caps underperform broader market

The FTSE Small Cap index climbs 0.1 percent, underperforming junior-listed AIM shares, up 0.7 percent, as well as the mid-caps and the blue chips , which notch up respective gains of 0.8 percent and 1.3 percent. London-listed Polyus Gold, Russia's biggest gold miner, gains 4 percent after i

Petrel Resources and Clontarf Energy take legal action in Ghana

African oil explorers Petrel Resources and Clontarf Energy are taking legal action to stop rivals potentially drilling for oil in a block in Ghana which they own. Petrel and Clontarf have told their lawyers to seek an injunction to prevent the award of any part of their Tano 2A block, in which they

Clontarf Energy, Petrel Resources Await Ratification Of Tano 2A Petroleum Agreement

LONDON (Alliance News) - Shares in Clontarf Energy PLC and Petrel Resources PLC plummeted Tuesday after the two companies said they are currently awaiting ratification of the Tano 2A Petroleum Agreement by the Ghanaian Cabinet and Parliament. In two separate but similar statements, both com