Petrel Resources Regulatory News (PET)

30th June 2016

Petrel Resources plc

("Petrel" or "the Company")

Commencement of Seismic Programme

The board of Petrel (AIM: PET) has been informed by the Company's farm in partner, Woodside Energy, that the Bréanann 3D seismic programme commenced on 27th June on Frontier Exploration Licence 3/14 in the Porcupine Basin, Irish Atlantic. The total programme is over 2,400 km2, of which circa 40% relates to FEL 3/14, in which Petrel has a 15% carried interest. The seismic parameters are state-of-the-art and the contractor is PGS. The programme is expected to complete within 5 weeks, but the processed and interpreted results will require many months thereafter. A further announcement of the results will be made in due course. Petrel is fully carried on the expenditure.

Ends

Enquiries:

For further information please visit http://www.petrelresources.com/ or contact:

Petrel Resources Plc

John Teeling, Chairman +353 (0) 1 833 2833

David Horgan, Director

Dipti Mehta

Nominated Adviser and Broker

Northland Capital Partners Limited

Edward Hutton / Gerry Beaney +44 (0)203 861 6625

John Howes (Broking)

Public Relations

Blytheweigh +44 (0)20 7138 3204

Tim Blythe +44 (0) 7816 924 626

Camilla Horsfall +44 (0) 7871 841 793

Megan Ray +44 (0) 7515 857 619

Nick Elwes +44 (0) 7831 851 855

Rachael Brooks

PSG Plus

Colm Heatley +353 (0) 1 661 4055

Alan Tyrrell +353 (0) 1 661 4055

www.petrelresources.com