Pennine Petroleum Corporation

03:12 PM EST - Pennine Petroleum Corporation : Has been moving rapidly over the past month to establish a drilling bid framework for its earning well No. 1 in Albania’s Velca Block. Since receiving final approval from Albania’s newly formed Council of Ministers for the Velca Block PSA in late November 2017, Pennine’s geophysical team has been poring over geotechnical data to select a drill target. Pennine Petroleum Corporation shares V.PNN are trading unchanged at $0.05.