Geo Exploration Limited NPV (GEO)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.32p
   
  • Change Today:
      0.010p
  • 52 Week High: 0.46p
  • 52 Week Low: 0.11p
  • Currency: UK Pounds
  • Shares Issued: 4,902.06m
  • Volume: 47,066,678
  • Market Cap: £15.69m
  • RiskGrade: 162

Global Petroleum makes good progress with Namibia licence

By Josh White

Date: Thursday 17 Dec 2020

LONDON (ShareCast) - (Sharecast News) - Global Petroleum updated the market on licence PEL0094 in Namibia on Thursday, reporting that the interpretation of the seismic data recently acquired, notably the 2D seismic data over the "relatively under-explored" eastern part of the licence, was progressing well.
The AIM-traded firm said it expected the interpretation of the data to enhance the prospectivity already identified in the area "significantly".

Given the progress made, the company said it was expecting to publish an updated prospective resources estimate for PEL0094 in late-January.

"The company is also pleased to confirm that the farm out process for PEL0094 has now commenced," the board said in its statement.

"Global is currently contacting potentially interested companies and the data rooms will open in January."

At 1625 GMT, shares in Global Petroleum were up 5.04% at 0.69p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GEO Market Data

Currency UK Pounds
Share Price 0.32p
Change Today 0.010p
% Change 3.23 %
52 Week High 0.46p
52 Week Low 0.11p
Volume 47,066,678
Shares Issued 4,902.06m
Market Cap £15.69m
RiskGrade 162

GEO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
9.61% above the market average9.61% above the market average9.61% above the market average9.61% above the market average9.61% above the market average
91.78% above the sector average91.78% above the sector average91.78% above the sector average91.78% above the sector average91.78% above the sector average
Income Not Available
Growth Not Available

GEO Dividends

No dividends found

Trades for 17-Oct-2025

Time Volume / Share Price
16:26 566,496 @ 0.31p
16:23 61,000 @ 0.31p
16:19 50,000 @ 0.33p
16:17 74,925 @ 0.33p
15:56 150,727 @ 0.33p

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