NAMIBIA: Global Petroleum Raises £253,000 to Meet Obligations Relating to the Walvis Basin License PEL94

Global Petroleum has raised £253,000 in aggregate before costs through a Placing of 421,666,666 Ordinary Shares. Daniel Page, Executive Chairman of Global Petroleum commented:“The primary purpose of the Fundraise is … Read More

NAMIBIA: Global Petroleum Reports 88% Increase in Prospective Resources Estimate for the Marula prospect in PEL0094

Global Petroleum has announced an updated estimate of Prospective Resources for its licence PEL0094, offshore Namibia. Global holds a working interest of 78 per cent in the Licence, and is … Read More

NAMIBIA: Global Petroleum Raises £1 million to Fund PEL94 Licence Commitments

Global Petroleum has announced that it has successfully raised £1,000,000 in aggregate before costs, through the Placing of 200,000,000 Ordinary Shares at a Placing Price of 0.5 pence per share. … Read More

NAMIBIA: Global Petroleum Provides Updated Prospective Resources Estimate for PEL0094

Global Petroleum Limited has announced its updated estimate of Prospective Resources for PEL0094 (Block 2011A), offshore Namibia, following interpretation of the 2D seismic data which the Company recently licensed. Global … Read More

NAMIBIA: Global Petroleum Receives One Year Extension in PEL0094

Global Petroleum has announced that the Ministry of Mines and Energy in Namibia has agreed to extend the licence sub-period from September 2020 to September 2021 in connection with its … Read More

Global Petroleum Announces New Prospective Resources Estimate for Block 2011A

Global Petroleum Limited announced its updated estimate of Prospective Resources for PEL0094 (Block 2011A), offshore Namibia, after interpretation of the 3D seismic data survey recently licensed from the Namibian State … Read More