Global Petroleum (GB:GBP) has released an update.
Global Petroleum Ltd has reported promising developments in its PEL 94 license in the Walvis Basin, offshore Namibia, attracting significant interest and advancing towards a potential Farm-In agreement which could significantly transform the company. The business is also exploring strategic expansion opportunities beyond oil and gas, aiming to diversify its portfolio across the broader mineral resources sector. They continue to engage with the Namibian Government, indicating a strong and supportive relationship as they progress with their growth and diversification strategy.
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