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Oilman Jim's Private Blog


Petrel Resources - Update

On the 14 January, 2020, the Company announced that it had become aware that  between 17 December and 23 December 2019 the "Tamraz group" transferred 37,336,538 ordinary shares of Euro 0.0125, in the capital of Petrel Resources plc, into the custody of Deutsche Bank Switzerland (Deutsche Bank Shares) held in Chase Nominees Limited.

The Company has now received the attached letter from the Tamraz group providing further explanation to the above.

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