RE: Oil galore5 Feb 2021 11:25
Thank you Marm..... interesting to note that you will never reach the oil if you don't go to the right depth. I never understand commenting on a site if you are not directly involved in it. It would be a waste of my time, to be honest. The additionality was in relatively unexplored areas in the East of the block.
Peter Hill, Global Petroleum's CEO, commented: "As promised in December, we are pleased to report the identification of significant new leads in the eastern part of PEL0094, together with further de-risking of our principal prospect, Marula, and additional evidence of the presence of significant source. The identification of Prospective Resources on such a scale in the new leads is obviously a great boost to the overall prospectivity and attractiveness of the Licence, which is very timely as we commence our farmout process."