GBP global petroleum limited

Ann: Agreement with NAMCOR to Licence 3D Seismic Data, page-7

  1. 559 Posts.
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    Namcor were carried through exploration and now through to production

    They could have taken a significant cash payment for the 3D data, instead they are taking a risk in a frontier region with hope of oil production with a micro cap partner GBP.

    Namcor are on the inside,they see more than us, they are seeing the full picture, which must be a farm out with a major, as there is no way GBP will have a chance of seeing first oil in it's current state
 
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