Global Petroleum Share Price (GBP)

Nobody knew about this🤔

Highlights Operational

• The focus during the reporting period, and subsequently, has been the Company’s farm-out process and entering the next exploration period in respect of its Namibian licence PEL0094 (“Licence”);

• On 14 August 2023 the Company announced that the Namibian authorities had given approval for the Company and its partners to proceed to the First Renewal Period of the Licence, with a duration of two years from September 2023 to September 2025. Importantly, the usual requirement at the end of the Initial Exploration Period to relinquish 50 per cent of the Licence area was waived; • Global has continued its efforts to farm-out an interest in the Licence. Further announcements will be made as and when appropriate;

• On 15 September 2023, the Company announced that it had been informed that appeals against the environmental decrees granted in its favour for Licence Applications D 80 F.R- GP, D 81 F.R-GP, D 82 F.R­GP and D 83 F.R-GP (“the Applications”) by the Italian authorities had been dismissed. The Company submitted additional documentation in connection with the Applications to the Italian Ministry of Ecological Transition and has been awaiting a response from the Ministry regarding the process going forward. Further announcements will be made as and when appropriate.

Hope for a good week. News soon.

7veronic - you are spot on as always. Please send me the shares you wish me to deramp to benefit you and I will send you my account details.

Thanks janiax,

I hope so but am assuming nothing major will change for quite some time. I can’t seem a short term or medium term changes yet.