Business
Update on Appeals Against Environmental Decrees
Update on Appeals Against Environmental Decrees.
About this update from Geo Exploration Limited
[{"type":"text","content":"\n \n \n RNS Number : 5348D\n Global Petroleum Ltd\n 20 February 2020\n \n \n \n \n 20 February\n 2020\n \n \n \n \n \n Global Petroleum Limited\n \n \n (\"Global\" or \"the Company\")\n \n \n \n \n \n Update on Appeals Against Environmental Decrees in Italy\n \n \n \n \n \n Global Petroleum Limited (AIM: GBP, ASX: GBP) \n has previously announced \n that the Region of Puglia had appealed to the Council of State - the highest level of appeal in Italy - against the judgements of the Administrative Tribunal in Rome (Rome Tribunal) in relation to the Company's Licence \n Applications \n d 80 F.R.-G.P, d 81 F.R.-G.P, d 82 F.R.-G.P and d 83 F.R.-G.P. These judgements related to the four Environmental Decrees (one for each application) issued in favour of Global by the relevant Ministerial Authorities at different times.\n \n \n \n \n \n The appeals were heard on 23 January 2020 and the Council of State has now published its preliminary judgement. Essentially, the Council of State has suspended the proceedings before it and referred the matter to the European Court, requesting the Court to rule whether the four Licence Applications contravene a relevant EU Directive relating to the maximum permissible size of individual permits, in particular having regard to the fact that the four permit applications are contiguous. \n \n \n \n \n \n The Company notes that the Puglia appeals against the Environmental Decrees were rejected at first instance by the Rome Tribunal, with costs awarded against the Appellant. The Company believes the further appeal by Puglia to the Council of State to be without merit, and is particularly surprised by the referral to the European Court. \n \n \n \n \n \n For further information, please visit \n \n http://www.globalpetroleum.com.au/\n \n or contact:\n \n \n \n \n \n \n \n \n \n Global Petroleum Limited\n \n \n \n \n \n \n \n \n \n Peter Hill, Managing Director & CEO\n \n \n \n \n +44 (0) 20 7495 6802\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Cantor Fitzgerald Europe (Nominated Adviser & Joint Broker)\n \n \n \n \n \n \n \n \n \n David Porter/Rick Thompson\n \n \n \n \n +44 (0) 20 7894 7000\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Tavistock (Financial PR & IR)\n \n \n \n \n Sim...