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News: PRL Petrel Energy Says Prospex Oil And Gas To Raise Its Stake To 15 Pct In Tesorillo Project

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    July 16 (Reuters) - Petrel Energy Ltd (PRL) :

    • PROSPEX OIL AND GAS PLC TO RAISE ITS STAKE TO 15 PERCENT IN TESORILLO PROJECT BY FUNDING UPCOMING MAGNETOTELLURIC PROGRAMME
    • PROSPEX OIL AND GAS PLC TO RAISE ITS STAKE IN TESORILLO PROJECT ULTIMATELY TO 49.9 PERCENT FOR FUNDING TOTAL EUR 3.8 MILLION
 
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