Global Petroleum Board http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion http://www.iii.co.uk/icons/logos/logo_140x67.png http://www.iii.co.uk tag:iii.co.uk,2003:tst.10666641 http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10666641&action=detail Wed, 19 Jun 2013 13:01:00 GMT spartacus_1 tag:iii.co.uk,2003:tst.10653562 http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10653562&action=detail Tue, 11 Jun 2013 14:00:00 GMT Carefully Does It tag:iii.co.uk,2003:tst.10652962
CEO salary (2011) = £220,000 plus £30,000 pension.

Puts the US asset sale into perspective. Namibia upside desperately needed here.
By taffytiddler ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10652962&action=detail Tue, 11 Jun 2013 10:01:00 GMT taffytiddler tag:iii.co.uk,2003:tst.10652419 http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10652419&action=detail Tue, 11 Jun 2013 07:18:00 GMT Carefully Does It tag:iii.co.uk,2003:tst.10652327
RNS Number : 7219G
Global Petroleum Ltd
11 June 2013

11 June 2013

Global Petroleum Limited

("Global" or "the Company")

Eagle Ford Shale Sale Agreement Completed

Global Petroleum Limited ('Global')- AIM: GBP, ASX: GBP- the oil and gas exploration company presently focused on emerging plays in Africa, announces that further to the announcement on 28 May 2013 regarding the sale of its Eagle Ford Shale assets, the transaction has now completed.

Global, through its wholly owned subsidiary GP Exploration Inc., entered into a purchase and sale agreement (PSA) with Millennial PDP Fund II, LP ("Millennial"), a wholly owned subsidiary of Millennial Energy, LLC, a private US oil and gas company located in McMullen County, Texas, for Millennial to buy Global's EFS interests for a cash consideration of US$510,000.

For further information please visit www.globalpetroleum.com.au or contact:

Global Petroleum Limited

Peter Hill, Managing Director & CEO

+44 (0)20 7867 8600

Damien Cronin, Company Secretary

+61 (0)7 3374 4270

Regards
PR By Phillip Reid ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10652327&action=detail Tue, 11 Jun 2013 06:43:00 GMT Phillip Reid tag:iii.co.uk,2003:tst.10639860 ')" target="_blank" rel="nofollow">http://www.newswire.ca/en/story/1176179/spud-in-of-the-offshore-well-on-the-namibia-s-murombe-prospect

if they find commercial this time we will fly By spartacus_1 ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10639860&action=detail Mon, 03 Jun 2013 21:04:00 GMT spartacus_1 tag:iii.co.uk,2003:tst.10638550 Its already trading below cash so very good opportunity to buy By spartacus_1 ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10638550&action=detail Mon, 03 Jun 2013 10:01:00 GMT spartacus_1 tag:iii.co.uk,2003:tst.10624375
When the farm out comes we should see a phase shift in the SP. Some buying today, let us hope it continues. By LiquidLuck ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10624375&action=detail Fri, 24 May 2013 13:15:00 GMT LiquidLuck tag:iii.co.uk,2003:tst.10623390 http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10623390&action=detail Fri, 24 May 2013 08:25:00 GMT J0HNNIEIS tag:iii.co.uk,2003:tst.10621524
UNBELIEVEABLE!!! By LiquidLuck ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10621524&action=detail Thu, 23 May 2013 12:16:00 GMT LiquidLuck tag:iii.co.uk,2003:tst.10617219 By Carefully Does It ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10617219&action=detail Tue, 21 May 2013 22:02:00 GMT Carefully Does It tag:iii.co.uk,2003:tst.10615806 http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10615806&action=detail Tue, 21 May 2013 11:20:00 GMT LiquidLuck tag:iii.co.uk,2003:tst.10615257
then BINGO, 20p+ on GBP. By Carefully Does It ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10615257&action=detail Tue, 21 May 2013 08:46:00 GMT Carefully Does It tag:iii.co.uk,2003:tst.10614864 still reasonably good OIL was discovered just not
in big quantities but HIGH quality light OIL !!!!!!!!!!! By Ashlar ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10614864&action=detail Tue, 21 May 2013 06:58:00 GMT Ashlar tag:iii.co.uk,2003:tst.10608271
HRT drill continues which means they have struck something, probably gas from oil source rocks. You do not hang around for a plug and abandon well, fact.

So let's assume they have hit gas. TRP acreage holds a shed load of gas from 3D seismic enough for a commercial asset. IF TRP acreage is de-risked so should GBP as we are next door!

Gas may spell bad news for HRT but great news for TRP and eventually GBP. Repsol would take out GBP I reckon. They would need as much gas as possible to ensure it is commercially worth producing. By LiquidLuck ]]> http://www.iii.co.uk/investment/detail?code=cotn:GBP.L&display=discussion&id=10608271&action=detail Fri, 17 May 2013 09:05:00 GMT LiquidLuck