Global Petroleum Share Discussion Threads

[squibno1] 11/4/2019 13:43

Is this share price finally going to go under a penny ?

[jimarilo] 11/4/2019 07:17

Looking at the company website and the operations page all the content has been removed

There is a chance that it is in a process of being updated, the company are due for a resource update of PEL94 and Tavistock said two weeks ago in an email they would upload Paul Howlett's recent presentation, but were awaiting the Ministry in Namibia signing it off

[yesyesno] 09/4/2019 10:09

BAM BAM, no they reverse the company into one of their other AIMs and continue.

[jimarilo] 09/4/2019 07:49

Woodside and AEC also confirmed as exhibitors

[bam bam rubble] 08/4/2019 23:42

The Board spend cash like its going out of fashion. Most on admin by the looks of it. Cash pile of USD18m down to the 2's, Once it's gone will they pack it in and call it a day? We can but hope.

[jimarilo] 08/4/2019 14:33

Global Petroleum Confirms Exhibition at the Africa E&P Summit and Exhibition 2019

[jimarilo] 05/4/2019 13:05

This the February presentation from Seapulse and shows three Namibian wells and no Italian wells since the ban has been enforced



This is the December presentation which had the Italian wells shown but also shows who their partners are going to be (page 6)



Partners listed include M&P, Eco and Char, which I conclude to mean PEL30, 44 and 45 could be their targets for Namibia

Here is the most recent Namibian licence map

[jimarilo] 30/3/2019 14:34

Updated Namibian licence map



Namibian conference next month

[jimarilo] 29/3/2019 08:44

PEL44 is in the same fairway as GBP

Fingers crossed for M&P to come up with the goods

[jimarilo] 29/3/2019 00:08

On the exploration front, the company said a decision will be made next quarter on whether to enter the next exploration period of the PEL 44 permit off Namibia — which calls for an exploration well — with initial results from seismic studies said to be “promising.”



An announcement in the coming months from M&P (operator) 45.5%, Exxon 30%, Azinam12.5%

It is already known per Gil that they are going to drill a well, and Exon have another with Galp

Looks "promising"

[jimarilo] 26/3/2019 15:38

Another Gil interview, mentions Namibia @ 9.10mins in

Works better with Google Chrome



Strange he doesn't mention Seapulse, amongst those participating in a Namibian drilling campaign this year

[connorcampbell] 22/3/2019 13:46

!YOUTUBEVIDEO:nOLBv40-J2U:
Following a telling-off from Donald Tusk, and a subsequent EU summit, the UK will be granted a short Article 50 extension – to May 22nd – if Theresa May’s twice-rejected withdrawal agreement is passed by parliament this week. However, after the Prime Minister’s accusatory statement to the nation, one where she firmly pointed the finger of blame at MPs while urging them to back her deal, there appears to be precious little willingness to lend her any support.

If the deal isn’t passed, then the UK has until April 12th to notify the EU over what it will be doing, specifically whether it needs a longer extension, one that would require the country to participate in the European Parliament elections. Once again sterling is going to be gripped by the laser-focused Brexit anxiety that has dominated the currency’s March.

Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here:

[jimarilo] 20/3/2019 23:31

Worth looking at the picture titled 'Pancontinental's Namibian interests'.



It is difficult (perhaps impossible) to work out what is where, but.. it is in reference to PEL 37 and the well Cormorant. Clear to see is the read across (Squeeze) in a NW direction into our PEL 94.

Also worth a look regarding PEL94/2011A

[jimarilo] 20/3/2019 22:07

I emailed the company a week ago and mentioned the website and(coincidence)low and behold we have had a proper update on the Location, Status, Geology and Resources headings

Click on the link and scroll down to the headings listed above



Also states regarding PEL94.... "Global is in the process of collecting the historical data, reprocessing and interpreting it, after which a comprehensive and detailed evaluation of the prospective resources will be made."

Also confirms what has been said elsewhere from a previous PCL diagram, which shows the direction of travel of migrated oil heading north west out of PEL37 toward our PEL94. GBP say the play does extend into the south east corner of PEL94 east to PEL30

[jimarilo] 19/3/2019 10:20

You do make me laugh, you were doing this last year and missed the boat

GBP are a different prospect this year, but that's probably why your back

[neo26] 19/3/2019 10:06

Fact is one time they had close to $10m in bank, ever since they have told us looking for farm in partner.Absolutely scandalous how they could take a wage.

[jimarilo] 19/3/2019 09:39

They should ask their mate Tom Cross to add to his position, that would set this thing alight ;-)

25% has already been voted in

[squibno1] 18/3/2019 15:57

Both Peters increased their shareholdings since 30.6.18 by over 1%. Lets hope it comes good for them (and us!)

[jimarilo] 18/3/2019 15:30

Something I didn't know, page 49

Thomas Patrick Cross & Ms Linda Cross hold 2.8m shares in GBP, 1.37%

[jimarilo] 18/3/2019 08:09

GBP up 50% on the ASX with 45k volume

[emptyend] 15/3/2019 18:36

Wrong board mate

[connorcampbell] 15/3/2019 13:21

Holy hell is there a barrage of economic and political obstacles for the markets to deal with this week, with the pound especially set for an intense workout.

!YOUTUBEVIDEO:COzYuPrI0T8:

This week could either see Theresa May’s zombified withdrawal agreement put out of its misery by MPs, or finally accepted by the DUP and the ERG. A third vote on the deal is expected before, or more likely on, Wednesday 20th March. If successful, then the Prime Minister would ask the EU for a short, 3 month delay to the exit date; if unsuccessful, then the UK will likely need a much longer extension.

Either way, this would need to be unanimously agreed upon by all 27 countries in the EU at the summit in Brussels on March 21st. Given how granular sterling got during last week’s hat-trick of Commons votes, the currency could be in for another bumpy ride.

Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here: hxxps://spreadex.com/?tid=388350

[jimarilo] 15/3/2019 08:31

In squeezed oil industry, some rethink hunt for new barrels

[jimarilo] 15/3/2019 00:59

Half year report out

Not giving anything away, apart from the first time saying they are looking to farm out both PEL 29 & 94

Africa E&P Summit speaker list increasing by the week

hxxps://www.africaepsummit.com/speakers

[jimarilo] 14/3/2019 15:31

Just received a reply from Maersk regarding Seapulse, they said, "that they are responsable for the drilling services of all the 12 wells including those in Namibia. The actual sequence of the wells and prospects to be drilled will be announced at a later stage this year when the overall programme is fully ready for implementation."

But for sure, looking at the presentation Namibia is up first