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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: 0.0725
Bid: 0.07
Ask: 0.075
Change: -0.0075 (-9.38%)
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Open: 0.08
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Titan chief wheels out share purchases

Wed, 09th Jun 2010 16:37

Titan Europe chief executive Mike Akers has added a total of 200,000 shares to his shareholding in the agricultural and construction vehicle wheels manufacturer following yesterday's trading update. AIM-quoted Titan said that its strong order book meant that it would perform ahead of budget in 2010. Akers' pension fund has acquired a total of 180,000 shares for £62,700 and Akers himself paid £6,680 for 20,000 shares at 33.4p a share. Akers owns 900,000 shares in Titan. Unaudited figures show revenues of £103m in the first four months of 2010, which is £10m higher than budget. This follows what the company describes as "the most difficult year in the history of the group".For example, the UK construction vehicle wheels business suffered a sharp decline in 2009 but it is 75% ahead so far this year - albeit from a low base. The other operations around the world are doing much better as well. The customer base is approximately 50% construction, 20% mining and 30% agricultureTitan's stake in Indian associate Wheels India is worth around one-half of Titan's current market value. Top Director BuysBanco Santander SA (BNC) Director name: Mr Francisco Luzon LopezAmount purchased: 6,580 @ 629.29p Value: £41,408Titan Europe (TSW) Director name: Mr John M A AkersAmount purchased: 100,000 @ 35.50p Value: £35,500Titan Europe (TSW) Director name: Mr John M A AkersAmount purchased: 80,000 @ 34.00p Value: £27,200Quintain Estates & Development (QED) Director name: Mr Simon T LaffinAmount purchased: 47,000 @ 43.32p Value: £20,360Global Petroleum (GBP) Director name: Mr Peter TaylorAmount purchased: 128,427 @ 7.80p Value: £10,017Global Petroleum (GBP) Director name: Mr Peter TaylorAmount purchased: 129,996 @ 7.69p Value: £9,997Top Director SellsGeneral Electric (GEC) Director name: Mr Keith S. SherinAmount sold: 8,744 @ $15.68 Value: $137,106General Electric (GEC) Director name: Ms Pamela DaleyAmount sold: 1,744 @ $15.68 Value: $27,346General Electric (GEC) Director name: Ms Kathryn CassidyAmount sold: 1,718 @ $15.68 Value: $26,938
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Global Petroleum Subsidiary Agrees Namibia Licence Extension

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31 Jul 2014 11:34

Global Petroleum Moves Ahead With Offshore Exploration Applications

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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

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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

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

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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

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

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31 Oct 2013 12:51

Global Petroleum Finds Water Wet Oil Reservoir During Third Quarter

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31 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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