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Seismic Survey
Seismic Survey.
About this update from Geo Exploration Limited
[{"type":"text","content":"\n \nRNS Number : 4590H Global Petroleum Ltd 08 June 2017 \n\n08 June 2017\n \nGlobal Petroleum Limited\n(\"Global\" or \"the Company\")\n \nSeismic survey \n \nGlobal Petroleum (AIM: GBP, ASX: GBP) is pleased to announce that it has entered into a contract with Seabird Exploration of Norway in order to acquire 834 km of full fold 2D seismic data covering Global's operated block (PEL 0029) in Namibia. \n \nhttp://www.rns-pdf.londonstockexchange.com/rns/4590H_-2017-6-7.pdf\n \nThe survey has been designed as an infill programme with the aim of providing better delineation of an extremely large, multi-level, dip closed prospect - Gemsbok -which has been mapped in the south eastern portion of the Global acreage.\n \nThe new 2D survey is expected significantly to clarify the nature and extent of Gemsbok. In addition, the survey has been specifically designed to improve resolution of the deeper syn-rift section adjacent to the Gemsbok structure, as well as to provide a more accurate understanding of the deeper sedimentary sequence where it is believed potential source rocks are likely to be present.\n \nIt is expected that the survey will commence towards the end of June/early July and take approximately 2 weeks to complete.\n \nGlobal Petroleum's technical team is both intrigued and highly encouraged by its recent work which has confirmed the Gemsbok prospect, a structural closure extending over 200 square kms. It is unusual to identify such a large, robust structure at prospective depths which does not rely on stratigraphic trapping.\n \nFor further information please visit www.globalpetroleum.com.au or contact:\n \n\n\n\n\nGlobal Petroleum Limited\n\n\n\n\n\n\n\nPeter Hill, Managing Director & CEO\n\n\n+44 (0) 20 7495 6802\n\n\n\n\nDamien Cronin, Company Secretary\n\n\n+61 (0) 7 3310 8732\n\n\n\n\nCantor Fitzgerald Europe (Nominated Adviser & Joint Broker)\n\n\n\n\n\n\n\nSarah Wharry / Craig Francis\n\n\n+44 (0) 20 7894 7000\n\n\n\n\nGMP FirstEnergy Capital LLP (Joint Broker)\n\n\n\n\n\n\n\nHugh Sanderson\n\n\n+44 (0) 20 7448 0200\n\n\n\n\nTavistock (Financial PR & IR)\n\n\n\n\n\n\n\nSimon Hudson / Niall Walsh\n\n\n+44 (0) 20 7920 3150\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END ...