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Petrel Resources ( (GB:PET) ) has provided an announcement.
At its Annual General Meeting, Petrel Resources announced that all resolutions were passed, and the board discussed ongoing and prospective projects. Despite a subdued farm-out market for oil and gas, there is strong demand for energy minerals, prompting Petrel to consider expansion into this sector, supported by market and government interest.
More about Petrel Resources
Petrel Resources PLC is a company involved in the oil and gas industry, focusing on exploration and development projects. The company is actively engaged in discussions with Iraqi and Ghanaian authorities regarding potential projects and is exploring opportunities in energy minerals, which are in high demand.
Average Trading Volume: 716,694
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.77M
See more data about PET stock on TipRanks’ Stock Analysis page.