GBP 0.00% 2.5¢ global petroleum limited

Things Hotting Up, page-97

  1. 202 Posts.
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    I think the following will be of interest.....regarding two previous posts Seapulse, a 50/50 joint venture between private equity player Seacrest and High Power Petroleum, a subsidiary of technology company I-Pulse and Cabot Energy

    - Scott Aitken is Chief Executive of Cabot Energy, co- founder of Seapulse and co-founder of High Power Petroleum
    - High Power Petroleum (HPP) owns 56.9% of Cabot Energy

    - High Power Petroleum is the oil, exploration and production subsidiary of pulse power technology world leader, I-Pulse.

    I deduce from the above that Cabot Energy (owns neighbouring Italian Permits to GBP) will have the finance in place to drill its Southern Adriatic Permits in 2019, there will be a direct re-across to GBP's permits which are contiguous.


    We have a major partnership about to drill next door to us in both Italy and Namibia, with Exxon as a JV partner in one of the Namibian blocks

    Now more than ever looks like we are a prime target for a buy out imo
 
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