Global Petroleum to expand presence offshore Namibia Mozambique channel

摘要

GLOBAL PETROLEUM HAS entered into a conditional sale and purchase agreement to acquire Jupiter Petroleum which holds prospective oil and gas exploration interests in offshore Namibia and in offshore Juan de Nova, a French dependency in the Mozambique Channel. The acquisition of these interests will enable Global to participate in the prospective and active exploration province of offshore Namibia and position itself as an Africa-focused oil and gas explorer.