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PET.L does not currently pay a dividend.
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Petrel Resources Plc operates as an enterprise primarily focused on the exploration and development of oil and natural gas resources, managing its activities through its main company and its various subsidiaries. The company's portfolio includes a complete ownership stake in the Frontier exploration license 3/14, located within Ireland. Furthermore, Petrel Resources Plc holds a 30% operational interest in the Tano 2A Block in Ghana, an area encompassing 1,532 square kilometers, and a 100% ownership of the Western Desert Block 6 situated in Iraq. This company was established in 1982 and has its corporate headquarters in Dublin, Ireland.
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