Petrel Resources says that a data room has been opened in London for its two Licensing Options, 11/4 and 11/6, in the Porcupine Basin, Irish Atlantic Margin. The two Licensing Options cover 1,400 square kilometres, with licence 11/4 in the north of the basin, and 11/6 in the east of the basin.
The Directors have commenced negotiations with a number of oil and gas companies interested in participating in the two licences.
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Petrel Resources plc
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