Global Petroleum is bounding along today - up 13%. This may have...

Global Petroleum is bounding along today - up 13%. This may have some connection to the story in the AFR on Friday. Rear Window had the following par:

The small end of the resources market is a volatile and often dangerous place that relies heavily on the flow of news.
So we reckon shareholders in Global Petroleum, market cap $16 million, would be keen to know their project in Kenya is chugging along.
So far Global has said very little on the offshore drilling being conducted by its partner Woodside Petroleum.
But there has not been total silence in the matter.
Peter Grant from Woodies was all over the Kenyan papers recently saying the company would be sticking with the project.
This is significant as we all remember the Pancontinental Oil disaster, where the stock dropped from 14c to 6c after Woodside dumped a proposal to take a stake in its prospects in Kenya and Eritrea.
Grant even used the words "promising" and "significantly encouraged" in the Kenyan press, but the local market knows nothing about it.
He did temper his comments by saying it was a bit too early to know if there was oil there, but they would have a better idea inthe next 12 months.
The Kenyan Oil Minister, Ochillo Ayacko, is naturally also talking things up.