GLV's Partnership with Havoc Services Pty Ltd

Global Oil & Gas Limited (ASX:$GLV) has signed a Services Agreement with Havoc Services Pty Ltd, a subsidiary of Havoc Partners LLP, to receive corporate advisory and technical exploration services for the development of its 4,858km2 Technical Evaluation Agreement (TEA) offshore oil and gas block in Peru.

Executive Commentary on the Partnership

The Havoc team are highly experienced and have an outstanding track record in identifying, discovering and monetising oil and gas assets from all over the globe, particularly in frontier basins. Havoc bring a wealth of experience to the Company by virtue of the sheer number of oil and gas projects, developments and transactions they have successfully completed and are a perfect fit to assist with the development of the Company's Tumbes TEA.

Summary of GLV's Partnership with Havoc Services

Global Oil & Gas Limited (ASX:GLV) has engaged Havoc Services Pty Ltd, a subsidiary of Havoc Partners LLP, to provide corporate advisory and technical exploration services for its 4,858km2 Technical Evaluation Agreement (TEA) offshore oil and gas block in Peru. The partnership aims to leverage Havoc's extensive experience in discovering and monetising oil and gas assets to advance the development of GLV's Tumbes TEA project. Dr. Alan Stein, one of the founding partners of Havoc, has been appointed as a Senior Advisor to the Global Board, bringing over 30 years of international oil and gas industry experience to the collaboration. The partnership reflects GLV's strategic move into Peru and its commitment to exploring the exploration potential in the Tumbes TEA area, which is covered by high-quality 3D seismic data, providing a significant advantage in understanding the petroleum system. The partnership signifies a significant step in GLV's pursuit of unlocking the exploration potential in the highly promising Tumbes TEA.