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Pin to quick picksGlobal Petroleum Share News (GBP)

Share Price Information for Global Petroleum (GBP)

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Share Price: 0.08
Bid: 0.075
Ask: 0.085
Change: -0.0025 (-3.03%)
Spread: 0.01 (13.333%)
Open: 0.0825
High: 0.0825
Low: 0.08
Prev. Close: 0.0825
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IN BRIEF: Global Petroleum to pursue permits after appeals dismissed

Wed, 13th Sep 2023 17:17

Global 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.

Current stock price: 0.13 pence

12-month change: down 60%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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16 Jun 2014 10:50

Global Petroleum Remains Optimistic In Potential Of Namibian Blocks

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30 Apr 2014 15:27

Global Petroleum Applies For Offshore Italian Exploration Areas

LONDON (Alliance News) - Global Petroleum Limited said Wednesday it has applied for four exploration areas offshore Italy as the company works to diversify its portfolio of projects. In a quarterly report for the period to March 31, 2014, the firm said it has applied to the Italian Ministry

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31 Mar 2014 16:00

SOCO Chairman buys shares after recent stock weakness

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31 Mar 2014 08:50

DIRECTOR DEALINGS: Global Petroleum Chairman Buys 530,000 Shares

LONDON (Alliance News) - Global Petroleum Limited PLC Monday said Chief Executive Officer Peter Hill bought 530,000 shares at a price of 6.46 pence per share Friday. Following this transaction, Hill now holds 710,000 shares, which represents 0.35% of the company's issued share capital.

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12 Mar 2014 10:28

Global Petroleum Swings Back To Loss, Costs Increase

LONDON (Alliance News) - Global Petroleum Ltd Wednesday said it swung to a loss in 2013 after 2012 was boosted by a tax gain. The company reported a loss from continuing operations of USD1.6 million in 2013, compared with a profit of USD254,681 a year earlier when it booked a USD1.4 million

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10 Feb 2014 10:49

Global Petroleum Progresses Applications Offshore Italy, Appoints Non-Executive Chairman

LONDON (Alliance News) - Global Petroleum Ltd Monday said its permit applications in the Southern Adriatic offshore Italy are progressing. The oil and gas exploration company, recently focused on emerging plays in Africa and the Mediterranean, said that over the past year it has reviewed a

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7 Nov 2013 12:42

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Thursday broker round-up UPDATE

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