29 May 2009 07:00
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29Β May 2009
RNS AIM release
UGANDAΒ - ITI-1 EXPLORATION WELL SPUD
Global Petroleum Limited ("Global" or "the Company") is pleased to announce that Tower Resources plc ("Tower") have advisedΒ that theΒ Iti-1 exploration wellΒ wasΒ spudded atΒ 5.30pmΒ local time yesterday.
The well is being drilled to an estimated depth of 650 metres. Operations should take up to three weeks and aΒ further announcement will be made onceΒ 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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