Global Oil & Gas : Change of Director's Interest Notice

Appendix 3Y

Change of Director's Interest Notice

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Global Oil & Gas Limited
ABN	80 112 893 491

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Patric Glovac
Date of last notice	16 June 2020

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest	1)Murdoch Capital Pty Ltd (Director,
(including registered holder)	shareholder and beneficiary)
Note: Provide details of the circumstances giving rise to the relevant	2)Kcritap Securities Pty Ltd (Director,
interest.
shareholder and beneficiary)
Date of change	28 September 2020
No. of securities held prior to change	Murdoch Capital Pty Ltd- Fully paid ordinary
	shares 2,083,334
	Kcirtap Securities Pty Ltd -
	Class A Performance Rights 3,333,333
	Class B Performance Rights 3,333,333
	Class C Performance Rights 3,333,333

Class	Fully Paid Ordinary shares
	Listed Options ex price $0.02 exp 15/12/22
Number acquired	GLV 694,445
	GLVO 231,482

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Number disposed	n/a
Value/Consideration	$0.007 per share
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	Murdoch Capital Pty Ltd:
	Fully paid ordinary shares GLV 2,777,779
	Listed Options GLVO 694,445
	Kcirtap Securities Pty Ltd -
	Class A Performance Rights 3,333,333
	Class B Performance Rights 3,333,333
	Class C Performance Rights 3,333,333
Nature of change	Purchased as part of entitlement under Rights
Example: on-market trade, off-market trade, exercise of options, issue of	Issue.
securities under dividend reinvestment plan, participation in buy-back

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract

Nature of interest

Name of registered holder (if issued securities)

Date of change

No. and class of securities to which interest related prior to change

Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

Interest disposed

Value/Consideration

Note: If consideration is non-cash, provide details and an estimated valuation

Interest after change

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y

Change of Director's Interest Notice

Part 3 - +Closed period

Were the interests in the securities or contracts detailed No above traded during a +closed period where prior written clearance was required?

If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3