Last A$0.10 AUD
Change Today -0.01 / -9.09%
Volume 100.0K
As of 9:08 PM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).

global petroleum ltd (GBP) Snapshot

Open
A$0.10
Previous Close
A$0.11
Day High
A$0.10
Day Low
A$0.10
52 Week High
05/29/12 - A$0.18
52 Week Low
04/30/13 - A$0.09
Market Cap
19.9M
Average Volume 10 Days
24.7K
EPS TTM
A$-0.0077
Shares Outstanding
199.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for GLOBAL PETROLEUM LTD (GBP)

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global petroleum ltd (GBP) Details

Global Petroleum Limited engages in the exploration, development, and production of oil and gas properties in Africa. It holds 85% participating interest in the Namibian project covering an area of 11,730 square kilometers located in offshore Namibia; and 30% interest in the Juan de Nova Est permit that covers approximately 9,010 square kilometers located in the island of Juan de Nova in the Mozambique Channel. The company is based in Brisbane, Australia.

global petroleum ltd (GBP) Top Compensated Officers

Chief Executive Officer, Managing Director, C...
Total Annual Compensation: A$313.3K
Compensation as of Fiscal Year 2012.

global petroleum ltd (GBP) Key Developments

Global Petroleum Limited Announces Consolidated Cash Flow and Cap-Ex Results for the Quarter and Nine Months Ended March 31, 2013

Global Petroleum Limited announced consolidated cash flow and cap-ex results for the quarter and nine months ended March 31, 2013. For the quarter, the company reported net operating cash outflows of AUD 399,000 and payment for purchases of equity investments of AUD 27,000. For the nine months, the company reported net operating cash outflows of AUD 2,466,000 and payment for purchases of equity investments of AUD 27,000.

Global Petroleum Limited Announces Production Results for the Period Ending March 31, 2013

Global Petroleum Limited announced production results for the period ending March 31, 2013. For the quarter, the company reported that a data room was opened in London during the Quarter in order to provide selected potential farminee partner(s) access to seismic data, Competent Person's Reports and all available block data relating to the Namibian acreage. The Juan de Nova partners continued to plan the next work programme. Total production from the two Eagle Ford horizontal wells (Tyler Ranch EFS #1H and #2H) in which Global has an interest was 14,317 boe (11,340 bo and 17,863 mcfg) or 159 boepd. Global has a 7.939% working interest (5.95% NRI) in approximately 1,368 acres beneath the Olmos formation including the Eagle Ford Shale. Dallas based Moyes and Co were appointed to market Global's Eagle Ford Shale ("EFS") interests in Texas exclusively. Total production from the two Eagle Ford horizontal wells (Tyler Ranch EFS#1H and #2H) was 14,317 boe (11,340 bo and 17,863 mcfg) for the March Quarter or 159 boepd. Global's beneficial interest (NRI) in the production is 5.95% or some 852 boe for the Quarter or 9 boepd. Global has a 7.939% working interest in approximately 1,368 acres beneath the Olmos formation including the Eagle Ford Shale.

Global Petroleum Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2012

Global Petroleum Limited reported unaudited consolidated earnings results for the six months ended December 31, 2012. For the period, the company reported results from operating activities of $1,603,774 compared to $976,235 a year ago. Loss before income tax was $1,186,574 compared to $524,884 a year ago. Profit from continuing operations after tax was $254,681 or 0.13 cent basic and diluted per share compared to loss from continuing operations after tax of $524,884 or 0.27 cent basic and diluted per share a year ago. Net cash used in operating activities was $1,152,796 compared to $408,076 a year ago. Exploration and oil and gas assets expenditure was $794,023 compared to $1,229,759 a year ago.

 

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