Organisation: Petrel Resources
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
Irish exploration company Clontarf Energy has said it remains "hopeful" it can reach agreement on a long-running dispute over lost acreage in Ghana.
Tue, 28 May, 2019
Markets don’t believe Opec’s output plans will work
Mon, 04 Mar, 2019
As far as energy is concerned, potential Brexit tariffs and the sterling exchange rate are red herrings. Tariffs — as opposed to transport costs — are no big deal in the oil, gas or electricity exploration and production industries.
Mon, 07 Aug, 2017
The decision by Shell to sell its stake in the Corrib gas field for €1bn was not unexpected, as the oil giant continues to pull back from smaller projects globally, but it will have learned from its chequered management of the project, a leading Irish oil expert has said.
Thu, 13 Jul, 2017
Irish oil and gas exploration company Petrel Resources said it has “sufficient” funds to cover activities for the “near future” despite seeing losses widen by nearly 13% over the past 12 months.
Tue, 27 Jun, 2017
Irish explorers Clontarf Energy and Petrel Resources are confident of finally reaching a lasting agreement with Ghana’s government over the replacement of lost acreage in the west African country before the end of this year.
Fri, 09 Jun, 2017
US president Donald Trump’s missiles pushed the oil price up by $4 but deeper oil market change is under way. Syria has no significant oil trade but rockets alert speculators to instability nearby.
Tue, 18 Apr, 2017
Petrel Resources — the Irish AIM-listed exploration firm — has reported a near 28% narrowing in first-half losses.
Tue, 27 Sep, 2016
Wed, 21 Sep, 2016
Tue, 20 Sep, 2016
Customers are likely to see even lower prices at fuel pumps in the coming weeks, according to the Irish Petrol Retailers Association.
Mon, 11 Jan, 2016
John Teeling has said exploration firm Petrel Resources, of which he is chairman, has ample resources to weather the current challenging market conditions produced by the low oil price environment.
Tue, 29 Sep, 2015
Petrel Resources is actively eyeing up more prospects in Ireland and elsewhere and is planning drilling activity on existing Irish acreage in the next three to four years.
Fri, 26 Jun, 2015
The oil market is working: High-cost production is being retired and new projects are delayed or cancelled while demand is again surging.
Wed, 17 Jun, 2015
Oil exploration company Petrel Resources reduced its losses in the first six months of the year, despite ongoing difficulties in its global activities.
Thu, 25 Sep, 2014
Two Irish exploration firms — Clontarf Energy and Petrel Resources — have reached agreement with the authorities in Ghana over a long-running dispute concerning lost licence acreage in the west African country.
Fri, 18 Jul, 2014
One domestic-based exploration firm has openly criticised the Government for its new tax rates for oil finds in Irish waters, just a week after they were unveiled.
Thu, 26 Jun, 2014
Up to €1.5bn could be invested in the Irish oil and gas sector over the next three years, according to a major survey of industry participants by PwC.
Mon, 16 Jun, 2014
Irish explorer Petrel Resources said it expects operational activity to speed up in the coming months.
Wed, 25 Sep, 2013
Petrel Resources is planning an aggressive programme of works after signing a farm-out agreement with Australian gas giant Woodside.
Sat, 29 Jun, 2013
Irish onshore and offshore oil and gas reserves could be worth more than €2tn, writes John Hearne
Tue, 01 Jan, 2013
The mood music around Irish offshore exploration is as positive as it has been since the early 1980s writes Kyran Fitzgerald, but John Teeling, of Petrel Resources, says it is ‘too early to be counting eggs’
Sat, 17 Nov, 2012
Two companies have identified oil targets off the west coast, with the combined potential to produce nearly two billion barrels of oil.
Tue, 13 Nov, 2012
Petrel Resources has said that it has over $4m (€3.1m) in cash reserves, making it well-financed to progress with its current activities in Iraq, Ghana and offshore Ireland.
Thu, 27 Sep, 2012
Irish exploration company Petroceltic is set to lodge the declaration of com-merciality for its headline asset, the Ain Tsila/Isarene gas field in Algeria, to that country’s government early next month.
Thu, 26 Jul, 2012
Another oil firm has released encouraging news about oil prospects off the coast of Ireland.
Wed, 25 Jul, 2012
Two oil firms have released encouraging news about oil prospects off the coast of Ireland.
Wed, 25 Jul, 2012
Mining and exploration entrepreneur John Teeling is aiming to revitalise interest in his oil and gas exploration vehicle, Petrel Resources, after seeing the company significantly enhance its cash position last year.
Tue, 26 Jun, 2012
Although the commercial viability of the Barryroe oil field has been established, the next stage is by no means risk-free.
Sat, 17 Mar, 2012
IRELAND has upped its efforts to discover offshore oil by yesterday awarding 13 new licensing options.
Tue, 18 Oct, 2011
THE formal go-ahead for Tullow Oil to farm-down part of its Ugandan asset portfolio to its international partners, Total and CNOOC, has been reportedly slowed by the country’s president objecting to part of the deal.
Wed, 28 Sep, 2011
Dublin: Irish AIM-listed oil and gas explorer Petrel Resources is seeking new licences in Iraq — its main market of focus.
Sat, 14 May, 2011
PETREL Resources has reported a significant lowering of losses and a diversification into Africa as it continues to wait for clarity on the future of the Iraq market.
Thu, 16 Sep, 2010
PETREL Resources, the John Teeling-chaired oil and gas exploration company, has nearly halved its first-half losses and has confirmed it is in the advanced stages of finalising a farm-in partner for an upcoming mining project in Jordan.
Tue, 29 Sep, 2009
IRISH oil and gas explorer Petrel Resources stock fell the most in four-and-a-half years in London trading yesterday after saying it hasn’t been paid for $54 million (€39m) of work in Iraq.
Thu, 18 Jun, 2009
PETREL Resources, listed on the Irish secondary market, has raised £1,840,500 (€2.06m) involving subscriptions from three long-standing institutional shareholders.
Tue, 12 May, 2009
IRISH oil and gas exploration company, Petrel Resources said its full-year loss widened as it awaits payments from a contract on a southern Iraqi oil field.
Sat, 21 Jun, 2008
Petrel Resources, the Irish AIM-listed oil company focused on Iraq, announced a loss of €519,000 for the year ending December 31.
Fri, 20 Jun, 2008
Exploration company Petrel Resources has announced a production sharing agreement in Jordan.
Tue, 01 May, 2007
PETREL Resources has said its $200 million (€157.53m) contract to rebuild an oil field in southern Iraq is on track and the exploration company is also in the running to develop additional fields.
Thu, 27 Jul, 2006
PETREL RESOURCES, the Irish-owned exploration company, has said that the €4m plus it expects to generate through its Iraq-based joint-venture with Makman Oil & Gas will be reinvested in Iraqi-based exploration business.
Mon, 20 Mar, 2006
PETREL RESOURCES, the Dublin-headquartered oil exploration company, has signed a framework case study agreement with the Iraqi Ministry of Oil concerning the Merjan Oil Field area of the troubled country.
Fri, 07 Oct, 2005
IRISH oil and gas exploration company Petrel Resources has won its first contract to drill for oil in Iraq.
Thu, 08 Sep, 2005