Shares of Petrel Resources PLC (LON:PET) rose 9.5% during mid-day trading on Tuesday . The company traded as high as GBX 1.74 ($0.02) and last traded at GBX 1.73 ($0.02). Approximately 670,000 shares traded hands during trading, an increase of 3,047% from the average daily volume of 21,291 shares. The stock had previously closed at GBX 1.58 ($0.02).

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/petrel-resources-pet-stock-price-up-9-5/2766496.html.

About Petrel Resources (LON:PET)

Petrel Resources Plc, together with its subsidiaries, operates as an oil and gas exploration company. The company holds a 15% interest in the Frontier Exploration Licence 3/14 in the Porcupine Basin, Ireland; and owns a 10% interest in licensing option (LO) 16/14 and 100% interests in LO 16/24 and LO 16/25 in Ireland.

Read More: 52-Week High/Low

Receive News & Ratings for Petrel Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrel Resources and related companies with MarketBeat.com's FREE daily email newsletter.