29 May 2009 07:00
29 May 2009
RNS AIM release
UGANDA - ITI-1 EXPLORATION WELL SPUD
Global Petroleum Limited ("Global" or "the Company") is pleased to announce that Tower Resources plc ("Tower") have advised that the Iti-1 exploration well was spudded at 5.30pm local time yesterday.
The well is being drilled to an estimated depth of 650 metres. Operations should take up to three weeks and a further announcement will be made once results of the well have been determined.
Enquiries:
Global Petroleum Limited | | |
Shane Cranswick | Tel | + 61 8 9322 6322 |
| Email | global.info@globalpetroleum.com.au |
| | |
Blue Oar Securities Plc (Nominated Adviser and Broker) | | |
William Vandyk/Olly Cairns | Tel | +44 20 7448 4400 +61 8 6430 1630 |