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Global Petroleum ( (GB:GEO) ) just unveiled an update.
Geo Exploration Limited has announced its financial results for the year ending June 2025, highlighting significant operational and financial developments. The company has made rapid progress in its Juno Project in Western Australia, with the commencement of a maiden drilling program and expansion of its land tenure. In Namibia, Geo is actively pursuing a farm-out process for its PEL0094 license, with increased interest from potential partners. Financially, the company has raised substantial funds through various fundraising rounds and is now debt-free following the repayment of a CEO loan. These developments position Geo strategically for growth, with a focus on delivering value to shareholders through disciplined capital allocation and exploration activities.
More about Global Petroleum
Geo Exploration Limited is a company operating in the mining and energy sectors, focusing on gold exploration in Australia and oil exploration in Namibia. The company is involved in large-scale projects such as the Juno Project in Western Australia and holds significant interests in the Namibian oil sector, aiming to capitalize on emerging opportunities in these regions.
Average Trading Volume: 102,617,799
Technical Sentiment Signal: Buy
Current Market Cap: £16.18M
Find detailed analytics on GEO stock on TipRanks’ Stock Analysis page.