Drilling update - Kenya

Global Petroleum Ltd
28 September 2006



28 September 2006

                            TIMING OF KENYA DRILLING

Further to Global's release of 24th August, Woodside as operator of the 
Company's Kenya Joint Venture has advised that the drill rig is expected to be 
handed over to Woodside in the second half of October 2006, with drilling 
operations to begin about one month later after the rig has mobilized to Kenya.

Two wells are planned - one in each of Blocks L-5 and L-7. The first of two 
wells is likely to be in L-5 on the Pomboo prospect and the second well will be 
in Block L-7 and is likely to be on the Sokwe prospect.

Holdings in the L5 and L7 Joint venture are:

Woodside               30% (and operator);
Dana                   30%
Repsol                 20%
Global                 20%

The costs associated with Global's 20% in L5 and L7 are carried for all 
activities through the drilling of the first well in each of these areas.  

Woodside and Repsol earn their farm-in equity when these two wells are drilled.

For further information, refer also to Global's releases dated 16/3/06, 4/5/06 
and 24/8/06 and Global's website: www.globalpetroleum.com.au

Further information

Global Petroleum
John Armstrong - Executive Chairman                          [phone]

Bell Pottinger Corporate & Financial
Nick Lambert                                                [phone]


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