- Global Petroleum said it had agreed to a work programme with the Namibian government for an offshore prospect in the Walvis Basin.

The financial commitment to undertake the firm additional work programme was $350k.

It consisted of various studies, including mapping of source rock, mapping of contourites deposits and fault studies.

At 2:57pm: [LON:GBP] Global Petroleum Ltd share price was +0.03p at 1.15p

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