Business
Update - Italy
Update - Italy.
About this update from Geo Exploration Limited
[{"type":"text","content":"\n\n15 September 2023\n \nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\"). Upon the publication of this announcement via a Regulatory Information Service (\"RIS\"), this inside information is now considered to be in the public domain.\n \n \nGlobal Petroleum Limited\n(\"Global\" or \"the Company\")\n \nUpdate - Italy\n \nFurther to the Company's Announcement of 13th September 2023, Global has now been advised that the recent judgements by the Council of State, dismissing the appeals against the environmental decrees granted in its favour by the Italian authorities, also encompassed its permit applications D 80 F.R GP and D 81 F.R GP, which were added to the appeal at a later stage.\n \nThis means that the Council of State has dismissed the appeals by the town of Margherita di Savoia in respect of all four of Global's applications: D 80 F.R- GP, D 81 F.R-GP, D 82 F.R-GP and D 83 F.R-GP (\"Applications\").\n \nAs previously indicated, the Company submitted further documentation in connection with the Applications some months ago to the Italian Ministry of Ecological Transition (\"Ministry\") and has been awaiting further dialogue with the Ministry regarding the process going forward.\n \nOnce this process is complete, the Company will assess its options in relation to the Applications and make a further announcement accordingly.\n \nFor further information please visit: www.globalpetroleum.com.au or contact:\n \n\n\n\nGlobal Petroleum Limited\n\n\n+44 (0) 20 3 875 9255\n\n\n\n\nPeter Hill, Managing Director & CEO\nAndrew Draffin, Company Secretary\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPanmure Gordon (UK) Limited (Nominated Adviser\n& Joint Broker)\n\n\n+44 (0) 20 7886 2500\n\n\n\n\nJohn Prior / Freddie Twist\nCorporate Broking: Hugh Rich\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nCMC Markets (Joint Broker)\nTom Curran/Thomas Smith\n\n\n+44 (0) 20 7170 8200\n\n\n\n\n \n\n\n\n\n\n\n\nTavistock (Financial PR & IR) \nSimon Hudson / Nick Elwes\n\n\n+44 (0) 20 7920 3150\n\n\n\n \n\n","length":5534,"tagName":"div"}]