Re Agreement

Petrel Resources PLC
13 September 2005


                         EXPLORATION BLOCK IN JORDAN

Petrel, the aim listed Middle East oil explorer, (PET) is pleased to announce
that it has reached agreement with the Jordanian authorities (Natural Resources
Authority) on a Production Sharing Agreement on the East Safawi Block in eastern
Jordan. East Safawi borders Saudia Arabia, Syria and the gas producing Jordanian
Risha field, near Iraq. The agreed work programme includes seismic and wells.
There are both oil and gas plays. The agreement is subject to Parliamentary
approval and Royal assent.

David Horgan, Managing Director, commented

'We are delighted to have reached agreement with the Jordanian authorities to
explore for oil and gas in East Safawi. There is growing realisation that Jordan
offers good prospects for significant hydrocarbon discoveries.

Coming on the heels of the award of the Iraqi contract on Subba and Luhais, the
East Safawi agreement is a further tribute to the skill and tenacity of our
exploration team in the Middle East.'

Contact:

David Horgan                 + 353 87 292 3500
Managing Director

Bell Pottinger Corporate & Financial
Nick Lambert                 + 44 (0)7811 358764

Rowan Dartington
Barrie Newton                + 44 (0)117 933 0011




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