Annual Report and Accounts

30 June 2014

Petrel Resources plc

("Petrel" or the "Company")

Annual Report and Accounts

The Company announces it has posted the Annual Report and Accounts for the year ended 31 December 2013 to shareholders, together with Notice of the Annual General Meeting to be held at 11am on 31 July 2014 in The Westbury Hotel, Grafton Street, Dublin 2. Copies of the Annual Report are available on the Company's website at www.petrelresources.com

ENDS

Enquiries:

Petrel Resources Plc

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

David Horgan, Director +353 (0)1 833 2833

Northland Capital Partners Limited

John Howes / Alice Lane + 44 (0)20 7382 1100

Edward Hutton / Gavin Burnell

Blytheweigh +44 (0) 207 138 3204

Tim Blythe +44 (0) 781 692 4626

Eleanor Parry +44 (0) 755 129 3620

Halimah Hussain +44 (0) 772 597 8141

Pembroke Communications

Natalie Tennyson +353 (0) 1 649 6340