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Re: FOGL announcement

2nd Jan 2007 10:25

Global Petroleum Ltd02 January 2007 2 January 2007 Global Petroleum advises that Falkland Oil and Gas Limited ('FOGL') hasannounced the completion of its convertible loan agreement with RAB SpecialSituations (Master) Fund Limited to raise 8 million. The full announcement canbe found on the FOGL website at www.fogl.co.uk . Global Petroleum holds a 14% interest in FOGL. John ArmstrongExecutive ChairmanTelephone: 61 7 3211 1122Fax : 61 7 3211 1122Web: www.global-petroleum.co.uk This information is provided by RNS The company news service from the London Stock Exchange

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