GTO ACREAGE  FRANCE (PENDING)

GTO ACREAGE FRANCE (PENDING)

Marge du FinistereGTO Limited applied for this permit area in September 2009 and the application has been through the relevant EU and French authorities process. GTO has been informed that award is pending.

On award of the licence GTO will carry out geochemical and seismic reprocessing studies to high grade the main plays and targets for seismic acquisition from 2012.