Source: Petrel Energy reaffirms that it wants to continue the search for oil and gas in Uruguay
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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.
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What DC said in Uruguy differs with last ann (top of page 4):
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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.
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We are needing a FINANCIER to go on (not to just only to accompany)...
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Source: Petrel Energy reaffirms that it wants to continue the...
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