At the Petrel Resources plc Annual General Meeting, held on 27 July 2021, announced that at a board meeting held prior to the AGM, John Teeling indicated that he wished to step aside as Chairman, while remaining a non-executive director, while remaining a non-executive director. David Horgan was then appointed Executive Chairman, and briefed shareholders on the Company's projects, including exploration and development proposals to the Iraqi authorities, ongoing discussions with Ghanaian and other officials.