Death of Peter Blakey

3 February 2021

Global Petroleum Limited

("Global" or "the Company")

Death of Peter Blakey

Global Petroleum Limited (AIM: GBP) regrets to announce the death of Peter Blakey, major shareholder and  Non-Executive Director of the Company.  The Board extends its deepest condolences and sympathies to his family and would like to acknowledge its gratitude for his significant contribution to the Company over many years.

John van der Welle, Non-Executive Chairman, commented:

"It is with the greatest sadness that we learned of Peter's death.  Peter contributed significantly to Global in his time as a Director.  On behalf of the Board, and everyone at Global, I would like to extend my deepest sympathies to his family, friends and colleagues."

For further information, please visit http://www.globalpetroleum.com.au/ or contact:

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