Northland Securities reiterated their corporate rating on shares of Petrel Resources PLC (LON:PET) in a report released on Monday.

Shares of Petrel Resources PLC (LON:PET) opened at 7.06251 on Monday. Petrel Resources PLC has a 12 month low of GBX 2.50 and a 12 month high of GBX 8.30. The company’s 50-day moving average price is GBX 6.58 and its 200-day moving average price is GBX 5.33. The company’s market cap is GBX 7.04 million.

About Petrel Resources PLC

Petrel Resources plc is a junior oil and gas exploration company with activities in Iraq, Ghana and Ireland. The Company is active in the Irish offshore Atlantic Margin, Ghana’s Tano Basin and Iraq. The Company holds an interest in over 1,050 kilometers of prospective acreage in the Porcupine Basin of the Irish offshore.

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