We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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% | 0.0825 | 0.08 | 0.085 | 0.0825 | 0.0825 | 0.0825 | 15,542,145 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -1.28M | -0.0010 | -0.80 | 1.03M |
TIDMGBP
RNS Number : 8208L
Global Petroleum Ltd
24 July 2017
Appendix 5B
Mining exploration entity and oil and gas exploration entity quarterly report
Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/13, 01/09/16
Name of entity ------------------------------------------- GLOBAL PETROLEUM LIMITED ------------------------------------------- ABN Quarter ended ("current quarter") --------------- ------------------------ 68 064 120 896 30 June 2017 --------------- ------------------------ Consolidated statement Current quarter Year to date of cash flows $US'000 (3 months) $US'000 --------------------------------------- ---------------- ------------- 1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for (a) exploration & evaluation (344) (747) (b) development (c) production (d) staff costs (e) administration and corporate costs (385) (1,642) 1.3 Dividends received (see note 3) 1.4 Interest received 16 52 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Research and development refunds 1.8 Other (provide details if material) ---------------- ------------- Net cash from / (used 1.9 in) operating activities (713) (2,337) ----- -------------------------------- ---------------- ------------- 2. Cash flows from investing activities 2.1 Payments to acquire: (a) property, plant and equipment (b) tenements (see item 10) (c) investments (d) other non-current assets 2.2 Proceeds from the disposal of: (a) property, plant and equipment (b) tenements (see item 10) (c) investments (d) other non-current assets 2.3 Cash flows from loans to other entities 2.4 Dividends received (see note 3) 2.5 Other (provide details if material) ---------------- ------------- 2.6 Net cash from / (used - - in) investing activities ------- ------------------------------ ---------------- ------------- 3. Cash flows from financing activities 3.1 Proceeds from issues of shares 3.2 Proceeds from issue of convertible notes 3.3 Proceeds from exercise of share options 3.4 Transaction costs related to issues of shares, convertible notes or options 3.5 Proceeds from borrowings 3.6 Repayment of borrowings 3.7 Transaction costs related to loans and borrowings 3.8 Dividends paid 3.9 Other (provide details if material) ---------------- ------------- 3.10 Net cash from / (used - - in) financing activities ------- ------------------------------ ---------------- ------------- 4. Net increase / (decrease) in cash and cash equivalents for the period Cash and cash equivalents 4.1 at beginning of period 8,519 10,171 Net cash from / (used in) operating activities 4.2 (item 1.9 above) (713) (2,337) 4.3 Net cash from / (used in) investing activities (item 2.6 above) 4.4 Net cash from / (used in) financing activities (item 3.10 above) Effect of movement in exchange rates on 4.5 cash held 2 (26) ---------------- ------------- Cash and cash equivalents 4.6 at end of period 7,808 7,808 ------- ------------------------------ ---------------- ------------- 5. Reconciliation of cash Current quarter Previous and cash equivalents $US'000 quarter at the end of the quarter $US'000 (as shown in the consolidated statement of cash flows) to the related items in the accounts ---- ------------------------------- ---------------- --------- 5.1 Bank balances 7,808 8,519 5.2 Call deposits 5.3 Bank overdrafts 5.4 Other (provide details) ---------------- --------- 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) ---- ------------------------------- ---------------- --------- 6. Payments to directors of the entity Current quarter and their associates $US'000 ---------------- Aggregate amount of payments to these parties included in item 6.1 1.2 152 ---------------- 6.2 Aggregate amount of cash flow from loans to these parties included in item 2.3 ---------------- 6.3 Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2 ---- -------------------------------------------------------- Payment of directors fees, salary and superannuation, and consulting fees -------------------------------------------------------------- 7. Payments to related entities of Current quarter the entity and their associates $US'000 ---------------- 7.1 Aggregate amount of payments to these parties included in item 1.2 ---------------- 7.2 Aggregate amount of cash flow from loans to these parties included in item 2.3 ---------------- 7.3 Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2 ---- -------------------------------------------------------- 8. Financing facilities Total facility Amount drawn available amount at at quarter Add notes as necessary quarter end end for an understanding $US'000 $US'000 of the position --------------- ------------- 8.1 Loan facilities --------------- ------------- 8.2 Credit standby arrangements --------------- ------------- 8.3 Other (please specify) --------------- ------------- 8.4 Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those facilities as well. ---- ------------------------------------------------------------ 9. Estimated cash outflows $US'000 for next quarter ---- ------------------------------ -------- 9.1 Exploration and evaluation (696) 9.2 Development 9.3 Production 9.4 Staff costs Administration and corporate 9.5 costs (476) 9.6 Other (provide details if material) -------- 9.7 Total estimated cash outflows (1,172) ---- ------------------------------ -------- 10. Changes in Tenement Nature of interest Interest Interest tenements reference at beginning at end (items 2.1(b) and location of quarter of quarter and 2.2(b) above) ----- ---------------------- -------------- ------------------- -------------- ------------ 10.1 Interests in mining tenements and petroleum tenements lapsed, relinquished or reduced ----- ---------------------- -------------- ------------------- -------------- ------------ 10.2 Interests in mining tenements and petroleum tenements acquired or increased ----- ---------------------- -------------- ------------------- -------------- ------------
Compliance statement
1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
2 This statement gives a true and fair view of the matters disclosed.
Date: 24 July 2017
Print name: Damien Cronin
(Director/Company Secretary)
Notes
1. The quarterly report provides a basis for informing the market how the entity's activities have been financed for the past quarter and the effect on its cash position. An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.
2. If this quarterly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.
3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DRLDXLFLDDFXBBB
(END) Dow Jones Newswires
July 24, 2017 02:01 ET (06:01 GMT)
1 Year Global Petroleum Chart |
1 Month Global Petroleum Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions