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Drilling Update

29th May 2009 07:00

RNS Number : 9823S
Global Petroleum Ltd
29 May 2009
 



29 May 2009

RNS AIM release

UGANDA - ITI-1 EXPLORATION WELL SPUD

Global Petroleum Limited ("Global" or "the Company") is pleased to announce that Tower Resources plc ("Tower") have advised that the Iti-1 exploration well was spudded at 5.30pm local time yesterday.

The well is being drilled to an estimated depth of 650 metres. Operations should take up to three weeks and a further announcement will be made once results of the well have been determined.

Enquiries:

Global Petroleum Limited
 
 
Shane Cranswick
Tel
+ 61 8 9322 6322
 
Email
 
 
 
Blue Oar Securities Plc (Nominated Adviser and Broker)
 
 
William Vandyk/Olly Cairns
Tel
+44 20 7448 4400
+61 8 6430 1630
 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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