Petrel completes second closing for Tesorillo

PETREL Energy has announced its dance partner in the Spanish Tesorillo field, Prospex Oil and Gas, has completed a €280,000 second closing for an additional 12.5% in Tarba Energia and subsequently the Tesorillo project.

Petrel completes second closing for Tesorillo Petrel completes second closing for Tesorillo Petrel completes second closing for Tesorillo Petrel completes second closing for Tesorillo Petrel completes second closing for Tesorillo

Petrel's acreage certainly has a one of a kind view.

 
This time last year Petrel announced it would sell 49.9% of its share in the field to Prospex in three tranches, the first was of €48,250.