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Pin to quick picksTower Resources Regulatory News (TRP)

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Uganda Update

6 Jan 2012 07:54

RNS Number : 1198V
Global Petroleum Ltd
06 January 2012
 



 

6 January 2012

RNS AIM release

 

Global Petroleum Limited - Uganda Update

 

Global Petroleum Limited ("Global") advises that following recent discussions with Tower Resources plc, it has chosen not to take up its option to participate in the third well planned on Uganda License EA5 ("EA5").

 

By agreement with Neptune Petroleum (Uganda) Limited (a wholly owned subsidiary of Tower Resources plc) in June 2010, Global had previously retained an option to earn an interest in EA5 as a result of contributing to the funding of the first two wells in the project, which is located in north western Uganda.

 

 

 

Enquiries:

 

Global Petroleum Limited

Peter Hill

Tel

+44 20 7867 8600

Managing Director and CEO

Damien Cronin

Tel

+61 7 3310 8732

Company Secretary

Email

global.info@globalpetroleum.com.au

Northland Capital Partners Limited (Nominated Adviser and Broker)

William Vandyk

Tel

+44 20 7796 8800

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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MSCSSFSWMFESEIF
Date   Source Headline
25th Jun 20109:09 amRNSUganda Update
25th Jun 20107:00 amRNSUganda Update
22nd Jun 20105:20 pmRNSNotice of AGM
4th Jun 20101:58 pmRNSIssue of Warrants
26th May 20107:00 amRNSFinal Results
30th Apr 201011:23 amRNSLicence Renewal
23rd Mar 20107:00 amRNSApplication to Continue Exploration in Uganda EA5
1st Mar 20107:00 amRNSAvivi Update
1st Mar 20107:00 amRNSAvivi-1 update
24th Feb 20107:00 amRNSAvivi Update
24th Feb 20107:00 amRNSUganda - Avivi-1 Exploration Well Drilling Update
15th Feb 20107:40 amRNSUganda - Avivi-1 Exploration Well spud
15th Feb 20107:00 amRNSUganda; Avivi-1 Exploration Well Spud
28th Jan 20107:00 amRNSOperational Update
20th Jan 20107:00 amRNSJoint Broker
18th Dec 200912:30 pmRNSUganda Update
18th Dec 200912:30 pmRNSUPDATE ON SECOND UGANDA WELL
17th Dec 200910:22 amRNSIssue of Warrants
9th Nov 20097:29 amRNSParticipation in Second Ugandan Well
9th Nov 20097:00 amRNSUganda - Avivi-1 Well Location
14th Oct 20098:47 amRNSHolding(s) in Company
12th Oct 200911:44 amRNSIssue of Equity
5th Oct 20093:53 pmRNSHolding(s) in Company
29th Sep 20099:08 amRNSInterim Results to 30 June 2009
29th Sep 20099:02 amRNSPlacing to raise ?7 million
21st Sep 20092:55 pmRNSIti 1 Update
21st Sep 20092:52 pmRNSUganda - Iti-1 well - revised conclusions
7th Sep 20097:00 amRNSNamibia - First Renewal Period Consent
21st Aug 200910:32 amRNSShare price movement
20th Jul 20097:00 amRNSUganda Update
24th Jun 20093:37 pmRNSResult of AGM
15th Jun 20097:00 amRNSUganda - Iti-1 well result
15th Jun 20097:00 amRNSChange of Name of Nominated Adviser and Broker
11th Jun 200911:33 amRNSStmnt re Share Price Movement
11th Jun 200911:32 amRNSStmnt re Share Price Movement
29th May 20097:00 amRNSUganda - Iti-1 well spud
19th May 200910:15 amRNSTotal Voting Rights
15th May 20092:02 pmRNSIssue of warrants
14th May 20097:00 amRNSUganda - Project Update
21st Apr 20097:00 amRNSInstitutional, Directors and Employee Placing
21st Apr 20097:00 amRNSFinal Results to 31 December 2008
8th Apr 20097:00 amRNSUganda Rig Contract
23rd Mar 20099:52 amRNSHolding(s) in Company
13th Feb 20097:10 amRNSReceipt of Ministerial Consent
13th Feb 20097:10 amRNSReceipt of Ministerial Consent
21st Jan 20097:00 amRNSUganda - EIA Approval Received
15th Jan 200910:52 amRNSIncreased Institutional Placing
12th Jan 20093:17 pmRNSPlacing
22nd Dec 20087:28 amRNSFarm Out Agreement Reached
22nd Dec 20087:00 amRNSCompany to Farm in to EA5 Oil Prospect in Uganda

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