Petrel Resources - moderated discussion/research part II


mclellan - Thu, 28 Dec 06 :

simon- You haven't answered my question.Have you asked Horgan?
Perhaps you should take heart from the fact that Itochu are involved.

Itochu takes wing with Petrel

By Upstream staff


Ireland's Petrel Resources has teamed up with Japan's Itochu as the duo get to work on Iraq's Merjan oilfield.

The co-operation deal will also see the pair work together on exploration and production projects in the future.

Petrel said the Merjan job is part of a technical co-operation agreement reached with the Iraqi Ministry of Oil.

As part of the deal, Itochu will contribute to Petrel's historic costs in the Iraqi play and will cover a fixed share of the costs of the current study.


13 September 2006 08:40 GMT | last updated: 13 September 2006 08:40 GMT

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