RE: HUGE WEEK AHEAD30 Dec 2024 14:52
Project Updates
Global Petroleum Limited (LSE AIM:GBP) is pleased to update our shareholders on the progression of the Namibia oil and gas PEL94 project ("PEL94") and Juno Project ("Juno").
PEL94, Namibia
Global in recent months has been actively working with a commercial farm-out partner to secure a farm-out agreement for the PEL94 oil and gas exploration licence. As part of the process, Global has also been engaging with our current JV partners in the licence, Namcor and Aloe, to get their final approval over the farm-out agreement.
Discussions have been positive and progressing well on all fronts with a series of meetings to be held in London over the next two weeks with the commercial farm-out partner. The aim by Global and the commercial farm-out partner is to have the farm-out agreement finalised by the end of the calendar year and then moving onto the final formal approvals required to complete the process.
This is from the 27th November RNS
He also said the same in his interview
Now say you are not a liar