Drilling Update

Global Petroleum Ltd
10 May 2005



10 May 2005

Global Petroleum Ltd ('Global')

                      Drilling Programme in offshore Kenya

Woodside Energy Ltd (50% and operator in L5 and L7) has advised that due to a
worldwide shortage of suitable deepwater drilling vessels, it looks unlikely
that a drill rig will be able to be sourced in time for drilling in the 4th
quarter of the year. The high demand for deep water rigs is driven by the
increase in oil and gas exploration being undertaken around the world as a
result of high oil prices.

Woodside is actively seeking a drill rig for Kenya drilling and has indicated
the second quarter of 2006 as a likely drilling date of the first well which is
presently targeted to be in Block L-5.

Global has a 20% equity interest in Blocks L5, L7 and is fully carried for the
cost of two wells. Global also has a 20% equity interest two other Blocks, L10
and L11.

Further information:

Global Petroleum Limited
Dr John Armstrong, Executive Chairman                        [phone]

Bell Pottinger Corporate & Financial
Nick Lambert                                                [phone]




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