Global Petroleum Share Discussion Threads

[supercity] 30/1/2024 10:25

Last weeks news finally getting noticed."The Cynergy team and I are thrilled to announce our partnership with Global Petroleum. We look forward to evaluating opportunities and seeking to unlock the substantial financial and strategic value in the East Med energy value chain."Current market cap below 2m :-)

[firestarter1] 30/1/2024 10:11

Shorted get

[purple11] 30/1/2024 10:00

lovely jubbly:)

[tomboyb] 30/1/2024 09:03

0.12p paid -

[tomboyb] 30/1/2024 09:03

GBP -

8.5mill @ at premium -

[tomboyb] 30/1/2024 08:29

Blue start! -

[riskyinvestor] 29/1/2024 14:53

Tower Resources (TRP)

Put on your Watchlist

[experiencedoptimist] 29/1/2024 09:58

Good thread here

[southway2] 29/1/2024 09:52

So all hot air ?Could it be the usual aim trick to place at higher price

[experiencedoptimist] 29/1/2024 09:08

Cynergy's Past and Global Petroleum's Future

Introduction: In recent days, discussions on various platforms have buzzed with excitement about Global Petroleum's potential partnership with Cynergy East Med LLC, heralding it as a game-changer for the company's prospects. However, amidst the fervent promotion lies a critical oversight – the selective use of outdated information to tout Cynergy's credentials without acknowledging the realities of its past. This article aims to shed light on the discrepancies between the promotional rhetoric and the actual track record of Cynergy, urging stakeholders to approach the partnership with caution and discernment.

An Illusion of Grandeur: The recent chatter surrounding Cynergy's potential involvement in the East Mediterranean natural gas industry paints a picture of boundless opportunities and unparalleled financial backing. References to a Bloomberg article from 2019, which highlights Cynergy's ambitious plans to invest billions in the region, are used to bolster the narrative of Cynergy's stature and influence.

However, a closer examination reveals that Cynergy's grand aspirations from 2019 failed to materialize into concrete actions. Despite claims of securing funding from global family offices, private equity firms, and sovereign funds, Cynergy's endeavors in the East Mediterranean remained largely speculative, with no significant projects or investments coming to fruition.

A Mirage of Connections: Furthermore, discussions on social media platforms tout Cynergy's purported connections to tier 1 advisors, investment banks, and sovereign wealth funds as evidence of its credibility and potential. Yet, the absence of tangible outcomes or successful ventures involving these connections raises doubts about their actual influence and impact.

The Reality Check: It is essential to temper the enthusiasm surrounding the Global Petroleum-Cynergy partnership with a healthy dose of skepticism and realism. While Cynergy's past may be shrouded in grandiose plans and lofty ambitions, the absence of concrete achievements raises questions about its ability to deliver on its promises.

Moving Forward with Prudence: As Global Petroleum navigates negotiations with Cynergy, stakeholders must demand transparency, accountability, and tangible evidence of Cynergy's capabilities and commitments. Instead of relying on outdated articles and speculative claims, a rigorous due diligence process is warranted to assess the true value and potential risks associated with the partnership.

In Conclusion: The allure of partnership with Cynergy may be enticing, but it is imperative for stakeholders to separate fact from fiction and approach the collaboration with a critical mindset. By scrutinizing Cynergy's past performance and demanding clarity on its plans and capabilities, stakeholders can make informed decisions that safeguard the interests of Global Petroleum and its shareholders.

[cashandcard] 26/1/2024 12:44

Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has successfully drilled, cored, and logged a deeper target (AVO-2) of the Mopane-1X well in block PEL83.In AVO-2, Galp has also discovered a significant column of light oil in reservoir-bearing sands of high quality.The rig is expected to be relocated to the Mopane-2X well location to evaluate the extent of the Mopane discoveries, after which a Drill Stem Test (DST) is expected to be performed in Mopane-1X.Galp will continue to analyse the acquired data during the coming weeks to assess the commerciality of the discoveries.

[tomboyb] 26/1/2024 08:47

Need a 5 bagger -

[purple11] 26/1/2024 08:10

from @2m mkt cap the likelyhood of a four of 5 bagger from here over time is v high.

hold for gold.gl

[purple11] 26/1/2024 08:09

Global Petroleum Limited

("Global" or "the Company")



Partnership Agreement



Global Petroleum Limited (LSE AIM: GBP) ("Global" or "the Company"), an oil and gas upstream exploration company presently focused on Africa and the Mediterranean, announces that the Company has entered into a Partnership Agreement ("PA") with Cynergy East Med LLC ("Cynergy"). Under the terms of the PA Cynergy and Global will look to explore energy opportunities in the East Mediterranean.



In the current market landscape, characterised by unique dynamics and geopolitical shifts, Cynergy has a market position that combined with Global allows the partnership to explore unique and high value opportunities in the Eastern Mediterranean in 2024. The PA will enable both parties to mutually beneficially assess this as well as other opportunities in the prolific Eastern Mediterranean.



The agreement follows the appointment of a new Executive Board, led by Daniel Page and Cecilia Yu, focused on delivering shareholder value.



Further announcements will be made as and when appropriate.



Daniel Page, Executive Chairman of Global Petroleum commented:



"On appointment we said that we would aim to maximise shareholder value and deliver a pathway to profitability. I am excited by the opportunity with Cynergy to evaluate the prolific Eastern Mediterranean basin. We believe that this partnership has the potential to assess some very exciting assets and I look forward to updating shareholders on progress in due course."





Mike Germanos, Founder and CEO of Cynergy East Med LLC, Said



"The Cynergy team and I are thrilled to announce our partnership with Global Petroleum. We look forward to evaluating opportunities and seeking to unlock the substantial financial and strategic value in the East Med energy value chain."

[tomboyb] 26/1/2024 08:08

26 January 2024







Global Petroleum Limited

("Global" or "the Company")



Partnership Agreement



Global Petroleum Limited (LSE AIM: GBP) ("Global" or "the Company"), an oil and gas upstream exploration company presently focused on Africa and the Mediterranean, announces that the Company has entered into a Partnership Agreement ("PA") with Cynergy East Med LLC ("Cynergy"). Under the terms of the PA Cynergy and Global will look to explore energy opportunities in the East Mediterranean.



In the current market landscape, characterised by unique dynamics and geopolitical shifts, Cynergy has a market position that combined with Global allows the partnership to explore unique and high value opportunities in the Eastern Mediterranean in 2024. The PA will enable both parties to mutually beneficially assess this as well as other opportunities in the prolific Eastern Mediterranean.



The agreement follows the appointment of a new Executive Board, led by Daniel Page and Cecilia Yu, focused on delivering shareholder value.



Further announcements will be made as and when appropriate.



Daniel Page, Executive Chairman of Global Petroleum commented:



"On appointment we said that we would aim to maximise shareholder value and deliver a pathway to profitability. I am excited by the opportunity with Cynergy to evaluate the prolific Eastern Mediterranean basin. We believe that this partnership has the potential to assess some very exciting assets and I look forward to updating shareholders on progress in due course."





Mike Germanos, Founder and CEO of Cynergy East Med LLC, Said



"The Cynergy team and I are thrilled to announce our partnership with Global Petroleum. We look forward to evaluating opportunities and seeking to unlock the substantial financial and strategic value in the East Med energy value chain."

[purple11] 26/1/2024 01:21

the new BOD are going to do something.question is how big are their plans?
doubt we will have to wait long to find out.gl

[flashheart] 25/1/2024 10:29

Well there will have to be something that initiates it as it's not going to happen on its own.

[tomboyb] 25/1/2024 10:27

Lets hope for a He1 type rise -

[purple11] 22/1/2024 09:09

0.4p 0.4 0.8 1.2 1.8 2

[purple11] 22/1/2024 09:07

globals liscenses are going for very cheap at this price

it could be worth a 1000 multiple more going forward.

new management blood in

now for the firework play

good luck.