By John Lee. Irish-based Petrel Resources has taken a €4.1 million impairment of its investment in Iraq: "In August 2013, Petrel did a deal with Amira in Iraq whereby, for US$500,000 in cash plus 18,947,368 initial consideration shares (which were to be locked-in until spudding of the first oil well by our partners), Petrel acquired […]
Petrel Resources takes €4.1m Impairment on Iraq
