Global Vanadium Ltd, formerly Baraka Energy & Resources Ltd, is an Australia-based company, which is engaged in the oil and gas exploration sector. The Company is focused on identifying, exploring and developing energy and resource assets within Australia and globally. The Company's projects include Georgina Basin project and other projects. It holds interest in EP-127 located in the Southern Georgina Basin in the Northern Territory, Australia. The Georgina basin is a region of proven oil potential and represents virtually unexplored, hydrocarbon and onshore sedimentary basins. The basin covers more than 100,000 square kilometers in the Queensland. EP-127 contains the Dulcie Syncline and the Hagen Member, which are considered to contain the potential for conventional oil targets, and a portion of the Toko Syncline, which is prospective for conventional and unconventional oil and gas.