Petrel Company News

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Petrel Acquires Stake in Iraqi Licenses
Petrel Resources buys stake in Amira Hydrocarbons Wasit, which holds stakes in exploration and production licenses onshore Iraq.
8:00 PM EST | August 13, 2013
Petrel All Smiles over Porcupine Progress
"Petrel has identified encouraging targets at the Lower Cretaceous and Tertiary levels in both sets of our blocks, with those in blocks in quadrant 35 looking particularly promising," said MD David Horgan.
8:00 PM EST | September 19, 2012
Petrel, Makman to Re-Start Work in Iraqi Fields
Petrel Resources announced the settlement of all outstanding issues on the Subba and Luhais oil field development in Southern Iraq. Development work will re-start immediately.
8:00 PM EST | April 25, 2010
Petrel Renews Agreements with Iraqi Government
Petrel received Iraqi Ministry of Oil approval for the extension of the technical cooperation agreement with Petrel for another year. It is expected that Petrel will embark on a new oil & gas field study as part of this program.
7:00 PM EST | February 19, 2008
Petrel Exec Sell Shares
Petrel Resources director sells 50,000 shares in company.
8:00 PM EST | October 14, 2007
Petrel Finalizes Production-sharing Deal with Jordan
Petrel Resources PLC has finalized a production sharing agreement (PSA) on the East Safawi Block in Jordan.
8:00 PM EST | May 21, 2007
Petrel Awarded Production Sharing Agreement in Jordan
Petrel Resources has finalized a Production Sharing Agreement (PSA) on the East Safawi Block in Jordan. The PSA Effective Date will be May 1st when it will be published in the Official Gazette of Jordan.
8:00 PM EST | April 30, 2007
Petrel Resources and Itochu to Cooperate on Iraq Exploration
Petrel Resources has signed a strategic partnership and cooperation agreement with Itochu Corporation. The strategic partnership will cover future exploration and development activities in the Iraqi oil and gas industry.
8:00 PM EST | September 12, 2006
Petrel Exec: Despite Unrest, Iraqi Project is on Track
Speaking at the company’s annual general meeting in Dublin on Wednesday, the managing director of Petrel Resources plc said that the Irish company remains focused on its long-standing objective of building an Iraq-centered oil and gas independent.
8:00 PM EST | July 25, 2006
Petrel Issues Iraqi Project Update
Petrel Resources, which is developing the Subba and Luhais Oil Field in Iraq, says that it has encountered no insurmountable security problems on the project to date.
7:00 PM EST | March 26, 2006
Petrel Signs Iraqi Contract
Petrel has formally signed an oilfield development services contract for the Subba & Luhais field with the Iraq Ministry of Oil.
7:00 PM EST | December 01, 2005
Petrel to Study the Merjan Block in Central Iraq
Petrel has signed a Framework of Case Study on the Merjan Block with the Oil Exploration Company of the Iraqi Ministry of Oil.
8:00 PM EST | October 04, 2005