Petrel shares rise on Porcupine Basin oil prospects

Dublin-based Petrel Resources saw its share price jump more than 15 per cent on London’s AIM market this morning after it said one of its offshore Ireland prospects has the capability to hold several hundred million barrels.

2nd April, 2013
David Horgan of Petrel Resources.

Dublin-based Petrel Resources saw its share price jump more than 15 per cent on London’s AIM market this morning after it said one of its offshore Ireland prospects has the capability to hold several hundred million barrels.

Petrel Resources, which has interests in Ghana, Ireland and Iraq, was announcing the results of initial analysis of its Quad 45 in a licencing option block in the east of the Porcupine Basin, which lies off the...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say