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Global Petroleum Information
Share Price Information for Global Petroleum (GBP)
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Share Price:
0.0725
Bid:
0.07
Ask:
0.075
Change:
0.00 (0.00%)
Spread:
0.005 (7.143%)
Open:
0.0725
High:
0.0725
Low:
0.0725
Prev. Close:
0.0725
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Fri, 29th Oct 2010 11:38
Anglo Asian Mining says the lastest estimate on the gold resource at its Gedabek gold/copper mine in Azerbaijan has increased to 704,000 ounces of gold.Anglo Asian CEO Reza Vaziri said, "We are delighted to announce this upgraded resource which, after taking account of ore already mined, gives a total gold uplift across the Measured and Indicated resource categories of 31.2%. Outplacement group Savile has agreed to acquire 7days Limited, a consultant on restructuring, cost reduction, strategy implementation, leadership & talent development, and culture change.The acquisition has been satisfied by the payment of £1.29m in cash, and the issue of in total 1.4m shares of Savile to Louise Palmer. Last year, 7days made approximately £330,000 pre tax profit before exceptional items, on gross fee income of £2.2m. Net assets at 31 May were £56,000.Shares in investment company Creon slumped to a 52-week low after the board said it is still fishing around for something worthwhile to invest in. The board anticipates making an investment during the course of the next 12 months.The company's interim figures were threadbare, with the pre-tax loss for the six months to 31 July narrowing to £50,000 from £96,000 the year before, on zero revenue, compared to revenue of £4,000 last year.Global Petroleum soom expects to start to generate revenue from its interest in Tyler Ranch #6. Global has a 11.25% net revenue interest in the Leighton project, which has seven wells including the latest. Their gross production in the quarter to September 2010 was 530 boepd.Australian energy company Altona Energy saw losses before tax double in the year to end June but claimed it had made significant progress towards the commercialisation of its main business venture, an integrated mine and coal-to-liquids plant in the Arckaringa Basin of South Australia.Loss before tax widened to £2.6m from £1.3m the year before. The company has no revenue stream.
More News
16 Jun 2014 10:50
Global Petroleum Remains Optimistic In Potential Of Namibian Blocks
LONDON (Alliance News) - Global Petroleum Ltd Monday said it remains optimistic about the potential of its Namibian oil exploration blocks given the technical differentiation between the prospectivity on its blocks and the target drilled at Welwitschia-1A well, which has been recently plugged and
Read more30 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
Read more31 Mar 2014 16:00
SOCO Chairman buys shares after recent stock weakness
Rui de Sousa, the long-running Non-Executive Chairman of SOCO International, has raised his stake through the purchase of 50,000 shares, taking advantage of the recent slump in the oil and gas explorer's share price. De Sousa, who has been on the board of the FTSE 250 firm since 1999, snapped up th
Read more31 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.
Read more12 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
Read more10 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
Read more7 Nov 2013 12:42
Thursday broker round-up
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
Read more31 Oct 2013 08:52
Thursday broker round-up UPDATE
African Barrick Gold: Deutsche Bank ups target price from 145p to 190p and retains its hold recommendation. HSBC takes target price from 170p to 200p keeping a neutral rating. JP Morgan raises target price from 140p to 180p and reiterates a neutral rating. Balfour Beatty: Berenberg increases target
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