GLVOA .007
GLV .029 going higher imo, only 14m mkt cap, big news
Highlights
• Piedra Redonda gas field contains‘Best Estimate’ Contingent Resources of 404 billion cubic feet (Bcf) plus‘Best Estimate’ Prospective Resources of 2.2 trillion cubic feet (Tcf) of gas audited by Netherland, Sewell & Associates, Inc.
• Piedra Redonda gas field is located within Global’s TEA offshore Peru and is a significant asset in its own right, requiring further evaluation in parallel with other significant oil prospects identified within the TEA
• Piedra Redonda will be the focus of the third and final area for reprocessing of existing 3D seismic to further refine and enhance this exciting gas field to understand the potential for future commercialisation
