GBP 0.00% 2.5¢ global petroleum limited

Ann: Exploration Well Spud , page-2

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  1. 2,375 Posts.
    Now let teh uptick in SP begin!

    ABN 68 064 120 896
    ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE: 15 FEBRUARY 2010
    UGANDA ? AVIVI-1 EXPLORATION WELL SPUD
    Tower Resources plc (AIM: TRP) has advised that the Avivi-1 exploration well spud at 14.30
    (GMT) on 13 February 2010.
    The well is being drilled to an estimated depth of 853 metres. Operations are expected to
    take two to three weeks and a further announcement will be made once drill results have
    been determined.
    As previously advised, Global Petroleum has elected to maintain its option to earn a 25%
    interest in EA5 by funding 25% of the cost of the second exploration well.
    Enquiries:
    Global Petroleum Limited
    Shane Cranswick Tel + 61 8 9322 6322
    Email [email protected]
    Astaire Securities Plc (Nominated Adviser
    and Broker)
    William Vandyk Tel +44 20 7448 4400
 
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