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35.5¢ warrego energy limited

Petrel seeks investors to continue searching....., page-4

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Kiwiboy00

2,464 Posts.

384

19/03/18

14:02

Post #: 31858015
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Originally posted by HoraceMich ↑

Source: Petrel Energy reaffirms that it wants to continue the search for oil and gas in Uruguay

...
At this moment where Petrel is the only financier, and under the advice of Euro-Latin Capital, it is looking for a suitable partner for the long-term project and to accompany it in the stages that still have to be completed.
...

What DC said in Uruguy differs with last ann (top of page 4):

...
Petrel is currently seeking to raise funds via a partner or capital raising to drill through the Cerro de Chaga-1 faulted area to its target depth of 1,600m.
...

We are needing a FINANCIER to go on (not to just only to accompany)...

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And what is your current thoughts about this. Can you see us pulling out of this and getting back on track.

PRL Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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