This deal looks terrific, well done to management. Very interesting that in the release David Casey points to drilling 3 or even more wells at their Uruguay prospects. I think in a prior release he spoke about 1well only,now it looks like its game on for Petrel with some major activity in the near future. Management in my opinion is too experienced to waste shareholders funds so they must believe Uruguay is one great project, I bet there will be close attention from majors as to the drilling activity by Petrel. This Canadian deal is a company maker but even more so looks as if it will propel the work in Uruguay and that is exciting indeed.
PRL Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
