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Global Petroleum

Description

Global Petroleum Limited is an oil and gas, upstream exploration company presently focused on Africa and the Mediterranean. The Company’s principal assets are two exploration blocks located offshore Namibia. Its primary listing is on the Australian Securities Exchange (ASX) with a secondary listing on the AIM Market of the London Stock Exchange (AIM). The code for both the ASX & AIM exchanges is “GBP”.

The Company is well funded with cash reserves and is debt free. It has an experienced Board and management team and is actively seeking to grow its portfolio through investment in new ventures.

The Company’s strategy is to seek early licence positions in frontier exploration areas in Africa and the Mediterranean, and potentially other frontier basins, either directly through licence rounds, joint venture arrangements or acquisition.

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Related news

Global Petroleum and Cynergy to Explore Opportunities in the East Mediterranean
26/01/2024
Global Petroleum Corporate and Legal Updates
14/09/2023
Global Petroleum provides update on operations in Namibia and Italy
30/11/2022
Global Petroleum provides Namibia and Italy operations update
23/06/2022
Global Highlights Significance of Graff-1 Well for the Company's Licence PEL 94
07/02/2022
Global Petroleum Placing raises £1 million
12/08/2021
Global Petroleum Updates Prospective Resources estimate for PEL0094, Namibia
26/01/2021
Global Petroleum announces Placing and Subscription to raise £1.40 million
16/09/2020

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