29-Apr-2015 09:27 AM
Global Petroleum says a new evaluation of the deeper petroleum potential across Blocks 1910B and 2010A in Namibia is nearing completion.
Global says the results are encouraging in that the primary risk which is associated with source rock development ha
11-Mar-2015 08:35 AM
Global Petroleum posts an after-tax loss of $2,317,830 for the six months to the end of December - up from $1,530,789 a year ago.
Cash balances at 31 December amounted to US$14,218,976 (30 June: US$16,608,591). The group has no debt.
Chairman John van d
31-Oct-2014 08:16 AM
Global Petroleum continues to appraise a wide range of potential new opportunities and is expending intensive effort to meet its priority of significantly growing the company's portfolio.
The company summarises its quarterly report for the period
04-Sep-2014 08:08 AM
Global Petroleum subsidiary Jupiter Petroleum (Namibia) has agreed a 12-month extension for the initial exploration pperiod of its Petroleum Exploration Licence No. 29 with the Namibian Ministry of Mines and Energy.
The licence - which covers two bloc
16-Jun-2014 08:02 AM
Global Petroleum remains optimistic about the potential of its Namibian blocks after noting that its partners in the Welwitschia-1A well have decided to plug and abandon the well.
The Welwitschia-1A well was drilled to a depth of 2,454m in block 2011A, a
30-Apr-2014 08:29 AM
Global Petroleum has issued a quarterly report for the period ending 31 March which included John van der Welle's appointment as non-executive chairman, adding extensive industry and corporate experience to the board.
· In li
12-Mar-2014 09:11 AM
Global Petroleum posts pre-tax losses of $1.6m for the six months to the end of December - up from $1.2m last time.
Global said expenditure increased slightly during period reflecting the company's commitment to seek new acquisition opportunities.
10-Feb-2014 08:08 AM
Global Petroleum has appointed John Alexander van der Welle as non-executive chairman with immediate effect. van der Welleis a chartered accountant with 30 years' experience in the oil and gas industry and is currently a non-executive director of
10-Feb-2014 08:01 AM
Global Petroleum reports significant progress on its four applications offshore Italy.
The company - which is presently focused on emerging plays in Africa - says the over the course of the past year, the board has reviewed a number of prospective areas
31-Jan-2014 07:55 AM
Global Petroleum says talks with French authorities to renew the Juan de Nova Est permit for a five year term are ongoing.
If renewal is granted, Global will become the operator and will hold an increased 50% equity interest in the permit.
12-Dec-2013 08:00 AM
Global Petroleum has issued an update on the proposed farm down of the company's 85% participating interest in a licence covering offshore blocks 1910B and 2010A in Namibia.
The blocks are located in the Walvis Basin, cover 11,730 square kilometre
20-Nov-2013 08:43 AM
Global Petroleum has confirmed that all resolutions proposed at its annual general meeting today (20 November) were passed.
At 8:43am: (LON:GBP) Global Petroleum Ltd share price was +0.01p at 5.13p
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31-Oct-2013 09:00 AM
Global Petroleum's board continues to review opportunities for acquisitions, joint ventures, or investments in the upstream petroleum sector.
Global says a number of new opportunities were assessed during the quarter to the end of September and the
17-Oct-2013 09:16 AM
Global Petroleum will hold its annual general meeting at the Endeavour 1 Room, Level 1, Christie Centre, Corner of Wharf and Adelaide Streets, Brisbane, Queensland, on 20 November at 11 a.m. (EST).
At 9:16am: (LON:GBP) share price was +0.01p at 5.13p
11-Sep-2013 08:17 AM
Global Petroleum, the oil and gas exploration company, has filed an application has been filed to renew the Juan de Nova Est permit for a five year term.
Under the terms of the existing permit, Wessex is the operator and has a beneficial interest of 70
11-Jun-2013 08:14 AM
Global Petroleum has completed the sale of its Eagle Ford shale assets. Global, through its wholly-owned subsidiary GP Exploration, entered into a purchase and sale agreement with Millennial PDP Fund II, LP, a wholly-owned subsidiary of Millennial Energ
28-May-2013 08:17 AM
Global Petroleum has agreed to sell its Eagle Ford shale interests in Texas while noting positive comments from HRT Participa�§�µes em Petróleo and other operators in Namibia.
Earlier this year, Global appointed Dallas-based Moyes & Co to mar
26-Apr-2013 08:03 AM
Global Petroleum says it has continued efforts to engage potential partners with the aim of broadening its African portfolio.
A number of new opportunities were assessed and the company will continue to evaluate such opportunities. The company says it
14-Mar-2013 09:24 AM
Global Petroleum posts consolidated group pre-tax profits of $224,976 for the six months to the end of December - up from $222,695 last time.
Total production from the two Eagle Ford horizontal wells (Tyler Ranch EFS #1H and #2H) in which Global has a
14-Jan-2013 09:24 AM
Global Petroleum has opened a data room for selected prospective partners for its Namibian exploration licence.
Global announced on 31 October its intention to farm down the 85% interest which it holds in its Namibian licence, ahead of further exploratio
13-Nov-2012 09:25 AM
Global Petroleum has confirmed that all resolutions proposed at its annual general meeting were approved.
At 9:25am: (LON:GBP) share price was +0.01p at 8.88p
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31-Oct-2012 08:27 AM
Global Petroleum maintains a maintains a strong balance sheet as a basis for future growth, and new opportunities are being actively reviewed.
The company's quarterly report for the three months to the end of September shows that work continued on
15-Oct-2012 09:18 AM
Global Petroleum will hold its annual general meeting at Kimono Room, Christie Centre, Corner of Wharf and Adelaide Streets, Brisbane, Queensland, on 13 November at 11 a.m. EST.
At 9:18am: (LON:GBP) share price was +0.13p at 8.25p
Story provided by
04-Oct-2012 07:29 AM
Global Petroleum has appointed Dr. Robert Arnott as non-executive chairman.
He takes over from Mark Savage= who will step down from the board with immediate effect.
The company has also appointed Christopher Lewis as exploration manager.
Arnott has alm
23-Jul-2012 09:37 AM
Global Petroleum is to seek a farm-in partner for its projects offshore Namibia.
The decision follows completion of delayed interpretation of 2D seismic data which confirmed existing structures and identified new potential leads.
Global Petroleum says t