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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Global Petroleum Limited | LSE:GBP | London | Ordinary Share | AU000000GBP6 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.055 | 0.05 | 0.06 | 0.055 | 0.055 | 0.055 | 2,768,400 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 0 | -1.28M | -0.0010 | -0.50 | 645.06k |
From Apr 2019 to Apr 2024
TIDMGBP
RNS Number : 4590H
Global Petroleum Ltd
08 June 2017
08 June 2017
Global Petroleum Limited
("Global" or "the Company")
Seismic survey
Global Petroleum (AIM: GBP, ASX: GBP) is pleased to announce that it has entered into a contract with Seabird Exploration of Norway in order to acquire 834 km of full fold 2D seismic data covering Global's operated block (PEL 0029) in Namibia.
http://www.rns-pdf.londonstockexchange.com/rns/4590H_-2017-6-7.pdf
The survey has been designed as an infill programme with the aim of providing better delineation of an extremely large, multi-level, dip closed prospect - Gemsbok -which has been mapped in the south eastern portion of the Global acreage.
The new 2D survey is expected significantly to clarify the nature and extent of Gemsbok. In addition, the survey has been specifically designed to improve resolution of the deeper syn-rift section adjacent to the Gemsbok structure, as well as to provide a more accurate understanding of the deeper sedimentary sequence where it is believed potential source rocks are likely to be present.
It is expected that the survey will commence towards the end of June/early July and take approximately 2 weeks to complete.
Global Petroleum's technical team is both intrigued and highly encouraged by its recent work which has confirmed the Gemsbok prospect, a structural closure extending over 200 square kms. It is unusual to identify such a large, robust structure at prospective depths which does not rely on stratigraphic trapping.
For further information please visit www.globalpetroleum.com.au or contact:
Hot Features
Premium
Global Petroleum Limited
Peter Hill, Managing Director +44 (0) 20 7495
& CEO 6802
+61 (0) 7 3310
Damien Cronin, Company Secretary 8732
Cantor Fitzgerald Europe (Nominated
Adviser & Joint Broker)
+44 (0) 20 7894
Sarah Wharry / Craig Francis 7000
GMP FirstEnergy Capital LLP (Joint
Broker)
+44 (0) 20 7448
Hugh Sanderson 0200
Tavistock (Financial PR & IR)
+44 (0) 20 7920
Simon Hudson / Niall Walsh 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
UPDLLFIEREIDIID
(END) Dow Jones Newswires
June 08, 2017 02:00 ET (06:00 GMT)
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