Global Petroleum Ltd
28 December 2006
Kenya - Drilling Report No 4
Date of this Release: 28 December 2006 *
Well Name: Pomboo No. 1
Licence: Kenya L-5
Operator: Woodside Energy (Kenya) Pty Ltd
Joint Venture: Woodside Energy (Kenya) Pty Ltd 30%
Dana Petroleum (E&P) Limited 30%
Repsol Exploracion S.A. 20%
Global Petroleum Limited 20%
Start Date 2 December 2006 at 1915* hours
Depth at 0700 Hours 2,944 metres (751 metres below seabed). The current
(Bris time) on 26 operation at that time was running in the hole with the 171
December 2006* /2 inch drilling assembly. It is expected that drilling
operations will recommence in the next 24 hours.
• Footnote: Another transaction is pending which, subject to the necessary
permissions, will result in the transfer of a 3% interest in L-5 and L-7 from
Dana to Repsol, resulting in Repsol having a 23% interest in L-5 and L-7 and
Dana a 27% interest.
* Australian Eastern Standard Time
The technical information in this report was prepared by Dr John Armstrong PhD,
BSc (1st Hons) Geo, executive Chairman of Global Petroleum Limited who has 35
years experience in the upstream oil and gas industry. The information has been
reviewed as to its reliability by Mr Wal Muir BSc Hons (UNSW) MBA (UQ), who is
a partner in MBA Petroleum Consultants. MBA provides independent technical
adviceto Global. Wal Muir has over 27 years experience in the petroleum
explorationindustry both in Australia and overseas. He is a Distinguished
Member of the Petroleum Exploration Society of Australia and a member of
the Australian Society of Exploration Geophysicists.
John Armstrong
Executive Chairman
Telephone: 61 7 3211 1122
Fax: 61 7 3211 0133
Web: www.global-petroleum.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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