Global Petroleum Share News (GBP)

Global Petroleum shares rise on progress in Namibia

(Sharecast News) - Shares in Global Petroleum jumped on Monday after the AIM-listed oil and gas group said its flagship project in Namibia has entered its next phase.

IN BRIEF: Global Petroleum says Walvis Basin licence renewal approved

Global Petroleum Ltd - Africa and Mediterranean focused oil and gas explorer - Receives approval from the Namibian Ministry of Mines & Energy for the next licence phase of Walvis Basin PEL 94. Says the first renewal period for the licence will allow it to acquire, process and interpret 2,000 kilometres of 3D seismic data from the initial exploration period. Adds that the renewal period will last from this September to September 2025. Notes that the ministry has waived the requirement to relinquish 50% of the licence area at the end of the initial exploration period.

TRADING UPDATES: Sabien works with Empiric; Coro sells in Italy

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

EARNINGS SUMMARY: DFS Furniture profit drops; National World profit up

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

Global Petroleum narrows loss; optimistic on Orange Basin drilling

Global Petroleum Ltd - oil & gas exploration in Africa and the Mediterranean - Pretax loss in the year that ended June 30 narrows to USD1.6 million from USD3.9 million a year ago. Posts no revenue, unchanged year-on-year. Has no costs related to exploration write-offs, compared to USD2.4 million a year prior.

IN BRIEF: Global Petroleum raises GBP800,000 through placing

Global Petroleum Ltd - oil & gas exploration in Africa and the Mediterranean - Raises GBP800,000 through a placing of 228.6 million shares at a price of 0.35 pence each.

TRADING UPDATES: Vertu margins remain strong; Donegal behind

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Global Petroleum updates on operations in Namibia, Italy

(Sharecast News) - Global Petroleum updated the market on its operations in Namibia and Italy on Wednesday, after the granting of a one-year extension to the initial exploration period of PEL 94 In Namibia until September 2023.

IN BRIEF: Global Petroleum granted one year extension by Nambia

Global Petroleum Ltd - oil & gas exploration in Africa and the Mediterranean - Says Namibian authorities have granted a one-year extension to the initial exploration period of PEL 94 well, to September 2023 from September 2022.

EARNINGS UPDATES: Barkby pubs bounce back; Catalyst Media in profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

TRADING UPDATES: BioPharma backs Collegium; Eurasia creates Kola

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Monday and not separately reported by Alliance News:

IN BRIEF: Tower Resources, Global Petroleum encouraged by Graff-1

IN BRIEF: Tower Resources, Global Petroleum encouraged by Graff-1

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Global Petroleum pleased with European Court finding

(Sharecast News) - Global Petroleum announced on Friday that the European Court had effectively found that its four permit applications in the Southern Adriatic, offshore Italy, did not contravene European Union law.