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Global Oil & Gas Limited Release Results of Independent Assessment of the Sasanof Prospect

Global Oil and Gas Limited (GLV) to acquire 25% Strategic Interest in Drill Ready Multi TCF Sasanof Prospect.

On 7th of September 2021, Global Oil & Gas Limited (GLV), an independent oil and gas exploration company announced that it has entered a binding agreement with Western Gas (519P) Pty Ltd (“Western Gas”) to acquire a 25% interest in its giant Sasanof Prospect from License holder Western Gas Pty Ltd (“Western Gas”) by funding 50% of the drilling costs of the multi-Tcf Sasanof-1 well (“Sasanof”).

The full press release and the accompanying documents can be found here.

ERCE is an independent and qualified Reserves and Resources evaluator. Contact us for more information on how ERCE can support your subsurface projects and add value to your portfolios.