globalpetroleum.com.au Reviews

Global Petroleum Limited is an oil and gas, upstream exploration company with a focus on Africa and the Mediterranean. The company is listed on the AIM market of the London Stock Exchange. Its principal asset is an exploration block located offshore Namibia. The company has been operating in Namibia since 2010, with a focus on the highly prospective and underexplored Walvis Basin. It holds a 78% participating interest in Petroleum Exploration Licence (PEL) 0094 in the Walvis Basin, covering 5,798 square kilometers in water depths ranging from 350 meters to 1550 meters. The company also previously held PEL 0029 from 2010 until its expiry in December 2020. Global Petroleum Limited has a presence in both Australia and London, with offices in Melbourne and London. The company’s strategy is to maximize its gearing to exploration success in order to enhance shareholder value. This involves acquiring early license positions in frontier exploration areas in Africa, either directly through licensing rounds, joint venture arrangements, or acquisition. While the geographic focus is Africa and the Mediterranean, the company is also open to considering other highly prospective frontier areas. The company’s business model includes exploring early-stage exploration projects in frontier basins with the aim of identifying new hydrocarbon provinces, maintaining a geographical focus on Africa and the Mediterranean, holding a diversified portfolio of projects to minimize risk, and conducting operations in a safe and environmentally responsible manner. Global Petroleum Limited is committed to respecting indigenous culture and offering employment opportunities to those who live near the project areas. The company’s group structure includes offices in Australia and London, with a financial PR firm, Tavistock, handling its financial communications. The website provides detailed information about the company’s operations, projects, and financial performance. It also includes contact information for its offices in Australia and London, as well as its financial PR firm. The site features sections on governance, investors, share price information, announcements, results and reports, presentations, corporate documents, and news and media. It also includes a glossary, legal notice, and information about fraudulent email practices. The website is professionally designed and provides a comprehensive overview of the company’s activities and strategic direction. It is a valuable resource for investors, analysts, and anyone interested in the oil and gas exploration industry, particularly in the African and Mediterranean regions. The site’s use of cookies is in line with standard online practices, and it provides users with the option to manage their cookie preferences. Overall, the website appears to be a legitimate and informative platform for Global Petroleum Limited, offering transparency and detailed insights into the company’s operations and vision.”

the reasons behind this review :
Professional website design, Detailed information about the company's operations, projects, and financial performance, Contact information provided for offices and financial PR firm, Sections on governance, investors, share price information, announcements, results and reports, presentations, corporate documents, and news and media, Glossary and legal notice included, Commitment to respecting indigenous culture and offering employment opportunities, Use of cookies in line with standard online practices, Option for users to manage their cookie preferences, Valuable resource for investors, analysts, and those interested in the oil and gas exploration industry, Particularly focused on Africa and the Mediterranean regions.