Global Petroleum Limited advises that it has disposed of a...

Global Petroleum Limited advises that it has disposed of a significant parcel of Falkland Oil & Gas Limited (“FOGL”) shares. The Company has sold 10,425,000 shares, representing 11.29% of the FOGL shares on issue, realising approximately A$24.3M. The Company now holds 1,710,000 shares in FOGL representing 1.85%............ Yes I agree, this gets rid of a BIG reason to hold GBP shares ! Glad I didn't re-enter..........Of the watchlist it goes