(GBP.L) Global Petroleum Ltd Buy/Sell

Net Operating Cash Flows (733) (733)
Cash flows related to investing
activities
1.8 Payment for purchases of:
(a) prospects - -
(b) equity investments - -
(c) other fixed assets - -
1.9 Proceeds from sale of:
(a) prospects - -
(b) equity investments - -
(c) other fixed assets - -
1.10 Loans to other entities - -
1.11 Loans repaid by other entities - -
1.12 Other (provide details if - -
material)
Net investing cash flows - -
1.13 Total operating and investing
cash flows (carried forward) (733) (733)

1.13 Total operating and investing cash flows (brought
forward) (733) (733)
Cash flows related to financing activities
1.14 Proceeds from issues of shares, options, etc. - -
1.15 Proceeds from sale of forfeited shares - -
1.16 Proceeds from borrowings - -
1.17 Repayment of borrowings - -
1.18 Dividends paid - -
1.19 Other (provide details if material) - -
Net financing cash flows - -
Net increase (decrease) in cash held (733) (733)
1.20 Cash at beginning of quarter/year to date 26,152 26,152
1.21 Exchange rate adjustments to item 1.20 (6) (6)
1.22 Cash at end of quarter 25,413 25,413

Payments to directors of the entity and associates of the directors

Payments to related entities of the entity and associates of the related entities
Current quarter
$A'000
1.23 Aggregate amount of payments to the parties included 94
in item 1.2
1.24 Aggregate amount of loans to the parties included in -
item 1.10

1.25 Explanation necessary for an understanding of the transactions
Payment of director's fees and provision of a serviced office.

Non-cash financing and investing activities 2.1 Details of financing and investing transactions which have had a
material effect on consolidated assets and liabilities but did not
involve cash flows
N/a

2.2 Details of outlays made by other entities to establish or increase their
share in projects in which the reporting entity has an interest
N/a
Financing facilities available

Add notes as necessary for an understanding of the position.

Amount available Amount used
$A'000 $A'000
3.1 Loan facilities Nil Not Applicable
3.2 Credit standby arrangements Nil Not Applicable

Estimated cash outflows for next quarter
$A'000
4.1 Exploration and evaluation 250
4.2 Development -
Total 250

Reconciliation of cash
Reconciliation of cash at the end of the quarter (as shown in the consolidated Current quarter Previous quarter
statement of cash flows) to the related items in the accounts is as follows. $A'000 $A'000
5.1 Cash on hand and at bank 767 906
5.2 Deposits at call 24,646 25,246
5.3 Bank overdraft - -
5.4 Other (provide details) - -
Total: cash at end of quarter (item 1.22) 25,413 26,152

Changes in interests in mining tenements

Tenement reference Nature of interest Interest at Interest at end of
(note (2)) beginning of quarter quarter

6.1 Interests in mining
tenements
relinquished,
reduced or lapsed

6.2 Interests in mining
tenements acquired
or increased
Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

Total number Number quoted Issue price per Amount paid up per
security (see note security (see note
3) (cents) 3) (cents)
7.1 Preference
+securities
(description)
7.2 Changes during
quarter
(a) Increases
through issues
(b) Decreases
through returns of
capital, buy-backs,
redemptions
7.3 +Ordinary securities 174,444,787 174,444,787
7.4 Changes during
quarter
(a) Increases
through issues
(b) Decreases
through returns of
capital, buy-backs
7.5 +Convertible debt
securities
(description)
7.6 Changes during
quarter
(a) Increases
through issues
(b) Decreases
through securities
matured, converted
7.7 Options Exercise price Expiry date
(description and
conversion factor)
7.8 Issued during
quarter
7.9 Exercised during
quarter

7.10 Expired during
quarter

7.11 Debentures
(totals only)

7.12 Unsecured notes
(totals only)

Compliance statement

1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).

2 This statement does /does not* (delete one) give a true and fair view of the matters disclosed.

Sign here:............................................................ Date: 30 October 2009

(Director/Company secretary)

Print name: SHANE CRANSWICK

Notes

1 The quarterly report provides a basis for informing the market how the entity's activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

2 The "Nature of interest" (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities.
4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.

5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

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