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Another note out this morning from Northland Capital, "Petrel Resources has been awarded two new Licencing Options in the Porcupine Basin, offshore Ireland.... The options are valid for two years and can be converted into Frontier Exploration Licences... The award of these two licence options is a positive development for Petrel Resources. The Company had focused on seeking prospective areas in reasonable water depths close to existing discoveries making these licence options interesting targets for the Company."
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