Global Petroleum ends Cynergy partnership as chair resigns
(Alliance News) - Global Petroleum Ltd on Tuesday said its partnership agreement with Cynergy East Med LLC has mutually ended, following the resignation of the company's chair.
Read moreFri, 01st Mar 2019 11:28
(Alliance News) - Global Petroleum Ltd on Tuesday said its partnership agreement with Cynergy East Med LLC has mutually ended, following the resignation of the company's chair.
Read more(Alliance News) - Global Petroleum Ltd on Monday announced that Executive Chair Daniel Page has abruptly left after just over three months in the role.
Read more(Sharecast News) - Global Petroleum announced a development in its efforts to explore energy opportunities in the East Mediterranean on Friday, as it entered into a partnership agreement with Cynergy East Med.
Read more(Alliance News) - Global Petroleum Ltd on Friday said it will partner with Cynergy East Med LLC to explore energy opportunities in the East Mediterranean.
Read moreFriday 22 December | |
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(Alliance News) - Global Petroleum Ltd on Thursday said it has raised GBP253,000 through the placing of 421.7 million new shares at 0.06 pence each.
Read more(Alliance News) - Global Petroleum Ltd on Monday said it appointed a new executive chair with immediate effect, alongside an executive director.
Read more(Alliance News) - Global Petroleum Ltd on Monday said it was working with its shareholder, who asked for the removal of the company's chief executive, chair, and a non-executive director.
Read more(Alliance News) - Global Petroleum Ltd shares plunged on Friday, despite reporting annual profit narrowing, as cash reserves have fallen significantly across the year.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
Read moreGlobal Petroleum Ltd - Africa and Mediterranean focused oil and gas explorer - Says the recent judgements by the Italian Council of State dismissing appeals against environment decrees granted in its favour also encompassed its permit applications D 80 F.R GP and D 81 F.R GP. Explains this means that the Council of State has dismissed appeals by the town of Margherita di Savoia in respect of all four of Global's applications: D 80 F.R- GP, D 81 F.R-GP, D 82 F.R-GP and D 83 F.R-GP. Company will now assess its options regarding the applications.
Read moreGlobal Petroleum Ltd - Africa and Mediterranean focused oil and gas explorer - Says appeals against the environmental decrees granted in its favour by the Italian authorities have recently been dismissed by the Council of State. Explains the actions were brought by the municipality of Margherita di Savoia in Puglia against the relevant Italian ministries and entities - with Global joined as an "interested party" - and related to the company's applications known as d 82 FR-GP and d 83 FR-GP. Adds there are two similar cases still outstanding, and the same outcome is expected in relation to them. Notes the latest judgements in Global's favour follow victories in all of the cases brought against the company by various entities in Puglia. Points out the ruling allows Global to pursue with the Italian authorities the grant of exploration permits in relation to d 82 FR-GP and d 83 FR-GP.
Read more(Sharecast News) - Global Petroleum said in an update on Wednesday that it had raised £0.25m at the end of August, through the placing of 250 million shares at a placing price of 0.1p each.
Read moreGlobal Petroleum Ltd - Africa and Mediterranean focused oil and gas explorer - Raises GBP250,000 via placing of 250 million shares at 0.1 pence per share. The placing price represents a discount of 38% to the closing price on Wednesday. Further, 250 million warrants are also being issued at an exercise price of 0.1 pence each for a period of 3 years on the basis of 1 warrant for every share issued under the placing. Should the warrants be exercised in full, associated proceeds would be GBP250,000, making total proceeds of GBP500,000. Proceeds will be used for further technical work in relation to PEL 94, as previously announced, as well as providing general working capital.
Read more(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.
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