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Petrel Resources PET.L · GBp

Energy · LSE · 🇬🇧 United Kingdom

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0.80p

0.00%

Close of 9 Nov 2026, in pence

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About Petrel Resources

Its shares trade on LSE under the ticker PET.L. It has been listed since 18 August 2000.

Petrel Resources Plc engages in the oil exploration and development. The company is headquartered in Dublin, Dublin. The company went IPO on 2000-08-18. The firm is active in the Irish offshore Atlantic Margin, Ghana's Tano Basin and Iraq. The firm holds an interest in over 1,050 kilometers of prospective acreage in the Porcupine Basin of the Irish offshore. The firm has two frontier exploration licenses (FELs), which include FELs 3/14 and 4/14. The firm also owns and operates approximately 920 square kilometers Licensing Options in the Porcupine Basin. Its license options include the north-western Porcupine License Option, which includes Block 35/01 and the available portion of Block 35/02, and Block 26/26 and the available portion of Block 26/27. The second License Option in the Eastern Porcupine includes the entirety of Block 45/27. The firm also holds interest in a signed Petroleum Agreement in the Ghanaian Tano 2A Block, close to circa two billion barrels of recent discoveries.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
18 Aug 2000
Employees
4

Leadership

Pay as last reported

  • Dr. John TeelingExecutive Chairman of the Board€30,000
  • Mr. James FinnChief Financial Officer, Secretary
  • Mr. David HorganManaging Director, Director, since 2017€30,000
  • Mr. Riadh HameedNon-Executive Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Established presence in the energy industry
  • Robust financial position
  • Diverse portfolio of oil and gas assets

Weaknesses

  • Reliance on external funding for exploration and development
  • Limited operational experience in certain geographic regions
  • Vulnerable to fluctuations in oil and gas prices

Opportunities

  • Expansion into emerging markets with untapped oil and gas reserves
  • Growing global demand for energy
  • Advances in drilling technology and exploration techniques

Threats

  • Intense competition from established energy companies
  • Changes in government policies and regulations
  • Environmental concerns and increasing focus on renewable energy

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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