22 May 2012
Petrel Resources PLC
(the "Company")
Board Change
Petrel Resources today announces that Stefano Borghi resigned yesterday as a non-executive Director of the Company to pursue his other business interests.
David Horgan, Managing Director of Petrel Resources, commented:
"We would like to thank Stefano for his contribution to the development of the Company and wish him well in his other business activities.
"The board intends to appoint a new non-executive Director in the near future and will update the market as soon as possible."
Enquiries:
Petrel Resources PLC
David Horgan, Managing Director +353 (0)87 292 3500
John Teeling +353 (0)1 833 2833
Northland Capital Partners Limited
Gavin Burnell / Katie Shelton / Alice Lane +44 (0)20 7796 8800
Blythe Weigh Communications
Tim Blythe +44 (0) 207 138 3205
Susan McKenzie +44 (0) 207 138 3206
Robert Kellner +44 (0) 207 138 3203