Global Petroleum Ltd
24 July 2007
FALKLAND OIL & GAS LIMITED ANNOUNCEMENT
Global Petroleum Limited advised that Falkland Oil & Gas Limited ('FOGL') has
released an announcement in relation to a possible farm in to certain assets.
The full announcement appears hereunder.
Global Petroleum holds a 14% interest in FOGL.
Mark Savage
Chairman
Telephone: +1505 344 2822
Fax: +1505 344 2922
Email: marksavage@comcast.net
23 July 2007
Falkland Oil & Gas Limited
(the 'Company' or 'FOGL')
Falkland Oil & Gas Limited (the 'Company' or 'FOGL') notes the price movement in
the Company's share price and confirms that it is in advanced discussions which
may or may not lead to a major resources company farming in to certain of its
assets.
Any such transaction, if agreed between the two parties, would be subject, inter
alia, to the approval of the Falkland Islands Government.
A further announcement will be made in due course.
Enquiries:
FOGL
Tim Bushell, Chief Executive 020 7563 1260
KBC Peel Hunt (Nominated Adviser)
Jonathan Marren / Matt Goode 020 7418 8900
This information is provided by RNS
The company news service from the London Stock Exchange