Petrel Resources PLC Constructive Discussions with Ghanaian Ministry (5107H)
June 08 2017 - 1:00AM
UK Regulatory
TIDMPET
RNS Number : 5107H
Petrel Resources PLC
08 June 2017
8(th) June 2017
Petrel Resources plc
("Petrel" or "the Company")
Constructive Discussions with Ghanaian Ministry
The directors of Petrel Resources plc (AIM: PET) are pleased to
report that discussions have taken place in recent days relating to
the Tano 2A onshore offshore block in Ghana. These discussions were
positive and constructive, and will be continued.
David Horgan, Director, commented "The Tano 2A saga has been
ongoing for nine years. There are numerous legacy issues which are
being addressed. Progress is being made. The newly elected
government is pro-development and committed to improved standards.
We are committed to helping find and develop Ghana's natural
resources. With continued good-will and common sense we hope that
any outstanding issues will be satisfactorily and promptly
resolved."
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
ENDS
For further information please visit
http://www.petrelresources.com/ or contact:
John Teeling, Chairman +353 (0) 1 833 2833
David Horgan, Director
Nominated Adviser and Broker
Northland Capital Partners Limited
Tom Price / Gerry Beaney (Corporate Finance) +44 (0) 20 3861 6625
John Howes (Broking)
Public Relations
Blytheweigh +44 (0) 207 138 3204
Nick Elwes +44 (0) 783 185 1855
Camilla Horsfall +44 (0) 787 184 1793
Teneo PSG
Ciaran Flynn +353 (0) 1 661 4055
Alan Tyrrell +353 (0) 1 661 4055
This information is provided by RNS
The company news service from the London Stock Exchange
END
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