GeoGlobal Resources Inc.
NYSE Amex : GGR

GeoGlobal Resources Inc.

April 28, 2011 13:38 ET

GeoGlobal Resources Inc.: News Release Re: Canadian National Instrument 51-101

CALGARY, ALBERTA--(Marketwire - April 28, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

GeoGlobal Resources Inc. (GeoGlobal or the Company) (NYSE Amex:GGR) today announces that it filed with the Canadian Securities Regulatory authorities its audited financial statements and related Management's Discussion and Analysis for the period ended December 31, 2010 and an Annual Information Form which is in the format of a Form 10-K pursuant to US securities law. Copies of the GeoGlobal 2010 disclosure documents may be obtained at www.sedar.com or by contacting GeoGlobal.

In addition, the Company announces its reserves for the fiscal year ended December 31, 2010. In accordance with National Instrument 51-101, Chapman Petroleum Engineering Ltd. independently prepared a reserve report which evaluated all the Company's oil, natural gas and liquids reserves as at December 31, 2010. Accordingly, GeoGlobal has filed the following required forms: 51-101F1 – Statement of Reserves Data and Other Oil and Gas Information, 51-101F2 – Report on Reserves Data by Independent Qualified Reserves Evaluator or Auditor and 51-101F3 – Report of Management and Directors on Oil and Gas Disclosure.

About GeoGlobal

GeoGlobal Resources Inc., headquartered in Calgary, Alberta, Canada, is a U.S. publicly traded oil and gas company, which, through its subsidiaries, is engaged in the pursuit of petroleum and natural gas in high potential exploration targets through exploration and development in India, Israel and Colombia.

Forward Looking Statements

Some statements in this press release may contain forward looking information. These statements may address future events and conditions and as such, could involve inherent risks and uncertainties. Our actual results of oil and gas exploration and development activities could be significantly different from any results anticipated. Our exploration and development activities involve highly speculative exploration opportunities that involve material risks. Additional important risk factors are described in the Company's periodic filings with the Securities and Exchange Commission, including the Company's annual report on Form 10-K and quarterly reports on Form 10-Q. The filings may be viewed at http://www.sec.gov and www.sedar.com. The Company updates forward-looking information related to operations, production and capital spending on a quarterly basis and updates reserves on an annual basis.

Contact Information

  • GeoGlobal Resources Inc.
    Paul Miller
    President and Chief Executive Officer
    403-777-9253
    403-777-9199

    GeoGlobal Resources Inc.
    Carla Boland
    Investor Relations and Corporate Affairs
    403-777-9253
    403-777-9199
    info@geoglobal.com
    www.geoglobal.com

    The Equicom Group
    Dave Feick
    Managing Director, Western Canada
    403-218-2839
    403-218-2830
    dfeick@equicomgroup.com