Additional Listing

Petrel Resources PLC
06 October 2005

Petrel Resources PLC announces that it has completed a placing of 4,026,707 new
ordinary shares at 65p per share to raise £2.61 million, net of expenses. The
funds will be used to enable the Company to commence work on the Subba and
Luhais field. An additional 55,182 new ordinary share will be issued to Mr
Stefano Borghi, a director of the Company, as commission for part of the placing
and application has been made for 4,081,889 shares to be admitted to AIM. It is
expected that admission will take place and dealings will commence on 13 October
2005.

Following this issue of ordinary shares, Mr Borghi's holding of ordinary shares
will be 55,182 share, representing approximately 0.08% of the enlarged issued
share capital.


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