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'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. This, the second, has closed this week. The...
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