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Stock Market & Financial Investment News

News Breaks
January 24, 2012
13:25 EDTGGR
theflyonthewall.com: GeoGlobal provides exploration update
OIL India Limited as operator of the KG-ONN-2004/1 exploration block has floated tenders for the major components of the drilling program which include the drilling rig, casing, wellhead & liner hanger, cementing and coring. The company anticipates these tenders to be awarded in the first quarter of 2012. The ancillary tenders for items such as wireline & mud logging are currently being finalized and are expected to be floated shortly. Management anticipates the drilling of two shallow wells will commence by the end of the second quarter and one deep high pressure high temperature well will commence drilling during late third quarter or early fourth quarter. "We are maintaining our forward progress with respect to our blocks and are excited about our operations over the ensuing months," said Paul B. Miller, President and CEO of GeoGlobal. "We remain active in both India and Israel and look forward to the drilling programs on the KG Onshore block and the Myra license." :theflyonthewall.com



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May 24, 2012
17:22 EDTGGR
theflyonthewall.com: GeoGlobal files to sell 9.63M shares of common stock for holders
:theflyonthewall.com