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Global Petroleum

Current Price 1.40p Bid 1.40p Ask 1.70p Change -1.59%
Last Updated: 16/10/2019 16:02. Prices delayed by at least 15 minutes.
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Company Overview

Global Petroleum Limited is an Africa focused oil and gas exploration and development company with its principal projects located offshore Namibia and offshore Juan de Nova island, in the Mozambique Channel. The Company's business philosophy is to obtain early licence positions in frontier exploration areas, whether directly or through joint venture arrangements, in order to provide maximum leverage exploration success. Global Petroleum is dual listed on the Australian Securities Exchange and Alternative Investment Market of the London Stock Exchange. The Company's Namibian interests consist of an 85% participating interest in Petroleum Exploration Licence No. 0029 covering Offshore Blocks 1910B and 2010A, which lie adjacent to acreage held by Repsol and its partners. The blocks cover 11,730 square kilometres and are located in water depths ranging from 1,200 to 3,000 metres. The remaining interest in the licence is held as to 10% by National Petroleum Corporation of Namibia (Pty) Ltd and as to 5% by Bronze Investments Pty Ltd, both as carried interests. The acquisition of further seismic surveys is a key objective to ascertain both the extent of the structures already identified and to build up a greater subsurface understanding to optimise future drilling.

Financial Highlights Year Ended 30/06/2019

Turnover
£0.00m
Operating Profit
£-1.79m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-1.84

Key Personnel

Peter Gerard Hill
Chief Executive Officer
John Alexander van der Welle
Non-Executive Chairman
Peter Taylor
Non-Executive Director
Andrew John Draffin
Non-Executive Director
Garrick Ralph Higgins
Non-Executive Director

Stock Details

EPIC
GBP
ISIN
AU000000GBP6
Shares in Issue
202,652,927
Market cap
£3.20m

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
1.55p
Bid Price
1.40p
Ask Price
1.70p
Volume
370032
Change Today
-0.03p
% Change Today
-1.59%
Open
1.65p
Previous Close
1.58p
Intraday High
1.65p
Intraday Low
1.40p
52 Week High
2.40p
52 Week Low
1.10p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Global Petroleum Intra-day Chart

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
2.3
2.0
Investments & Other Non-Current Assets
0.0
0.0
Total Non-Current Assets
2.3
2.0
Inventory
0.0
0.0
Trade & Receivables
0.1
0.1
Cash & Receivables
2.8
4.9
Other Current Assets & Assets Held for Resale
0.1
0.1
Total Assets
5.3
7.1

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Short Term Liabilities
0.3
0.4
Long Term Liabilities
0.0
0.0
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
0.3
0.4

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Net Assets
5.0
6.7

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Share Capital
39.2
39.2
Minority Interests
0.0
0.0
Retained Earnings
-35.8
-34.1
Share Premium Account
0.0
0.0
Other Equity
1.5
1.5
Total Equity
5.0
6.7

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Cashflow from Operating Activities
-1.8
-1.8
Cashflow Before Financing
-2.1
-2.9
Increase / Decrease in Cash
-2.1
-2.9

Income (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Turnover
0.0
0.0
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
-1.8
-2.1
Pre-Tax Profit
-1.7
-2.0
Profit / Loss for the Year
-1.7
-2.0
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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