GEO global start Announces drilling programme offshore Israel

CALGARY, ALBERTA--(Marketwire-06/25/12) - GeoGlobal resources Inc. ("GeoGlobal" or the "company") (GGR)(GGR) now provides an operational update on its Israeli operations and preparations for its first also offshore-Israel bark spuds.

347/Myra and 348/Sara

On June 21, 2012, the noble Homer reached remote ring tone half diving ship drill ("NHF") to Myra-1-number and last preparations are, start the Myra-1 drilling well in the next few days carried out.

"We are pleased that we start drilling our first deep water offshore well in the already more productive Levantine basin off the coast of Israel," said Paul B. Miller, President and CEO of GeoGlobal. "Our service and staff are boring, which is the first step in the development of value in these licenses start."

Myra-1 is about 80 km off the coast of Israel in about 1,500 metres from the water. The Myra-1 will be drilled well vertically vertical deep subsea ("TVDSS") to an approximate depth of 5,200 meters in total which take around 70 days.

After the Myra-1 the NHF will move to the Sara-1 location, which is disabled about 1,400 feet of water about 60 miles now, in the coast of Israel. The Sara-1 well planned up to approx. 4,000 vertical drilled be M TVDSS and is expected to be around 50 days to drill.

GEO global resources Inc. (GGR)(GGR) is the well operator and 41.6% have 5% of Myra Sara, Acil has energy and its subsidiaries and its parent company Israel land development company (ILDC.TA) has 5%. Modiin Energy LP (Tokyo: MDIN.)(L), controlled by Tzahi Sultan and emergency ski Danker IDB holding Corp. Ltd. (IDBH.TA), owns 29.2%, IDB directly owns 5.6% and IPC oil and gas Holdings Ltd (IPC) (IPC.TA) has 13.6%.

About GeoGlobal

GEO global resources Inc., based in Calgary, Alberta, Canada, is, that in the public oil and gas companies shows acted through its affiliates, in the pursuit of oil and natural gas in high potential exploration targets United States by research and development in India, Israel and Colombia is active.

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