Global Petroleum inks partnership with Cynergy East Med
26th Jan 2024 16:00
(Sharecast News) - Global Petroleum announced a development in its efforts to explore energy opportunities in the East Mediterranean on Friday, as it entered into a partnership agreement with Cynergy East Med.
Read moreGlobal Petroleum upbeat on Italy appeal dismissal after fundraising
13th Sep 2023 13:20
(Sharecast News) - Global Petroleum said in an update on Wednesday that it had raised £0.25m at the end of August, through the placing of 250 million shares at a placing price of 0.1p each.
Read moreGlobal Petroleum shares rise on progress in Namibia
14th Aug 2023 09:38
(Sharecast News) - Shares in Global Petroleum jumped on Monday after the AIM-listed oil and gas group said its flagship project in Namibia has entered its next phase.
Read moreGlobal Petroleum updates on operations in Namibia, Italy
22nd Jun 2022 13:28
(Sharecast News) - Global Petroleum updated the market on its operations in Namibia and Italy on Wednesday, after the granting of a one-year extension to the initial exploration period of PEL 94 In Namibia until September 2023.
Read moreGlobal Petroleum pleased with European Court finding
14th Jan 2022 10:54
(Sharecast News) - Global Petroleum announced on Friday that the European Court had effectively found that its four permit applications in the Southern Adriatic, offshore Italy, did not contravene European Union law.
Read moreGlobal Petroleum raises £1m for new commitments
12th Aug 2021 14:06
(Sharecast News) - Global Petroleum has successfully raised a total of £1m before costs, it announced on Thursday, to part-fund its new licence commitments.
Read moreGlobal Petroleum moves onto next phase at Namibia licence
10th Aug 2021 12:27
(Sharecast News) - Global Petroleum announced on Tuesday that, in relation to its licence PEL0094, offshore Namibia, the country's Ministry of Mines and Energy has agreed to its proposal to enter into the next licence sub-period from September 2021 to September 2022.
Read moreGlobal Petroleum losses widen as it seeks to preserve cash
26th Mar 2021 09:22
(Sharecast News) - Global Petroleum reported a loss after tax of $3.04m (£2.21m) in its first half on Friday, widening from $0.75m year-on-year, after a $2.41m impairment write off following the expiry of the PEL0029 licence.
Read moreGlobal Petroleum makes good progress with Namibia licence
17th Dec 2020 16:42
(Sharecast News) - Global Petroleum updated the market on licence PEL0094 in Namibia on Thursday, reporting that the interpretation of the seismic data recently acquired, notably the 2D seismic data over the "relatively under-explored" eastern part of the licence, was progressing well.
Read moreGlobal Petroleum secures historic data for Namibia licence
3rd Dec 2020 12:14
(Sharecast News) - Global Petroleum updated the market on licence PEL0094, block 2011A in Namibia on Thursday, reporting that it recently purchased historic 2D seismic data in order to improve interpretation of the Marula prospect in the western part of the block.
Read moreGlobal Petroleum agrees extension on offshore Namibia licence
29th Jul 2020 16:14
(Sharecast News) - Global Petroleum announced on Wednesday that, in connection with licence PEL0094, or Block 2011A, offshore Namibia, the Namibian Ministry of Mines and Energy has agreed to extend the licence sub-period from September 2020 to September 2021.
Read moreGlobal Petroleum updates resource estimate at offshore Namibia block
20th Jul 2020 15:56
(Sharecast News) - Global Petroleum announced ab updated estimate of prospective resources for PEL0094, or 'Block 2011A', offshore Namibia on Monday, after interpretation of the 3D seismic data survey recently licensed from the Namibian state oil company Namcor, which also holds a carried interest of 17% in the licence.
Read moreGlobal Petroleum upbeat on latest estimates from offshore Namibia licence
26th Nov 2019 14:20
(Sharecast News) - Global Petroleum announced its estimate of prospective resources for PEL0094, or Block 2011A, offshore Namibia on Tuesday, where it holds a working interest of 85% and is the operator.
Read moreGlobal Petroleum makes progress in Namibia as litigation continues in Italy
29th Oct 2019 15:46
(Sharecast News) - Global Petroleum updated the market in the quarter ended 30 September on Tuesday, reporting that in Namibia, it had continued to carry out interpretation of the existing data in PEL 0094.
Read moreGlobal Petroleum agrees work commitment on Namibian licence
1st Mar 2019 11:28
(Sharecast News) - Global Petroleum updated the market on its work commitment at Petroleum Exploration Licence 0029 (PEL0029) in Namibia on Friday.
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