As of April 2020 Global MED was still seeking partners for its Ionian Sea acreage composed of the F.R 41.GM, F.R 42.GM and F.R 43.GM contiguous exploration permits ahead of a 676-km 2D seismic survey. The company is also seeking partners for its blocks located on the maritime border with Greece in the Ionian Sea - F.R 44.GM and F.R 45.GM - to finance a 300-km 2D seismic survey.  Global MED was awarded the 748-sq km F.R 41.GM and the 749-sq km F.R 42.GM blocks on 15 December 2016 for six years and the F.R 43.GM block on 7 December 2018 . The main objectives in the area are the Mesozoic carbonates (Upper Cretaceous), thermogenic gas within the tertiary flysch (foredeep) being a secondary objective. Water depths are ranging from 1,000 m to 2,000 m.  The 745-sq km F.R 44.GM and the 749-sq km F.R 45.GM exploration permits were awarded to Global MED on 7 December 2018. The contiguous blocks are adjacent to Block 02 operated by Total in the Greek waters. Objectives in the area are the Cretaceous to Eocene carbonates of the Apulian Platform. Water depths range from 400 m to 1,100 m.  Global MED LLCÂ holds a 100% operating interest in the five exploration permits.  For further information please contact the following:  Randall Thompson, Managing Director  Global MED LLC  6901 So. Pierce St., Suite 390  Littleton, Colorado 80128 USA  Tel: +1 303 507 8886  Randallct@cs.com
Global MED LLC - F.R 41.GM, F.R 42.GM, F.R 43.GM, F.R 44.GM and F.R 45.GM exploration permits - farm-in opportunity