GBP

GLOBAL PETROLEUM LIMITED - Discussion

0.00% ! 1.4¢

Global Petroleum Limited is an Australia-based oil and gas, upstream exploration company,... Global Petroleum Limited is an Australia-based oil and gas, upstream exploration company, which focuses on Africa and the Mediterranean. The principal activities of the Company consist of oil and gas exploration, development and production. The Company's principal assets are two exploration blocks located offshore Namibia. The Company's project includes Namibian Project. The Namibian Project holds interest in petroleum exploration license number 29 (License) covering Offshore Blocks 1910B and 2010A in the Republic of Namibia. The License covers approximately 11,730 square kilometers and it is located offshore Namibia in water depths ranging from 1,300 meters to 3,000 meters. It intends to seek license positions in frontier exploration areas in Africa and the Mediterranean, and potentially other frontier basins, either directly through license rounds, joint venture arrangements or acquisition. Its subsidiaries include Global Petroleum UK Limited and Jupiter Petroleum Limited.More