GBP 0.00% 1.4¢ global petroleum limited

Ann: Quarterly Activities Report, page-2

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  1. 559 Posts.
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    "Regarding the pre-existing 3D seismic data in PEL 0094, in April 2020 an agreement was reached with
    state oil company, NAMCOR, to license this key data, which was acquired by previous licensees in
    2010. The data covers the Company’s Welwitschia Deep prospect and Marula lead and will enable
    precise mapping of these features which will result in updated Prospective Resources and chances of
    success for Welwitschia Deep and Marula, and thus should facilitate farmout by the Company. "

    No mention this quarter of further talks with counter parties, just this.........."and thus should facilitate farmout by the Company"


    It looks like the 3D was/is key to a deal imo
 
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