Director/PDMR Shareholding

Petrel Resources PLC
15 October 2007

Petrel Resources PLC

Petrel Resources, the company engaged in oil and gas exploration and consultancy
in Iraq, announces that it was informed on 10 October that Guy Delbes, sold
50,000 shares in the company at a price of £1.32 per share on 10 October.

Mr Delbes is 77 years old and this sale represents part of his retirement
planning.  He continues to own 190,000 shares in the company.


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