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29 May 2009 07:00
RNS Number : 9823S
Global Petroleum Ltd
29 May 2009
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:
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Global Petroleum Limited
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Shane Cranswick
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Tel
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+ 61 8 9322 6322
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Email
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global.info@globalpetroleum.com.au
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Blue Oar Securities Plc (Nominated Adviser and Broker)
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William Vandyk/Olly Cairns
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Tel
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+44 20 7448 4400
+61 8 6430 1630
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