Petrel Resources plc announced that it has agreed to acquire a 20% shareholding in Amira Hydrocarbons Wasit B.V., which is the holder of a 25% carried interest in certain oil and gas exploration and production licences in the Wasit Province of Iraq. Arman Kayablian, COO of Amira Industries N.V., will join the board of Petrel as a non-executive director.