FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Israel Land Development Company- Energy Ltd.   2. Issuer Name and Ticker or Trading Symbol GEOGLOBAL RESOURCES INC. [GGR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 2 SHENKAR STREET 3. Date of Earliest Transaction (Month/Day/Year) 03/29/2012 (Street) TEL-AVIV,, L3  4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock, par value $0.001 per share 03/29/2012   P   32,740,479 A $ 5,892,234 (1) 49,207,118 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Warrant

$ 0.3

03/29/2012

P

16,466,639

09/29/2012

09/29/2013

Common Stock

16,466,639

$ 0

16,466,639

D

Warrant

$ 0.375

03/29/2012

P

987,998

09/29/2012

09/29/2017

Common Stock

987,998

$ 988

17,454,637

D

Unit Purchase Right

$ 0.24

03/29/2012

P

16,466,639

03/29/2012

07/31/2012

Units (2)

16,466,639

$ 0

16,466,639

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Israel Land Development Company- Energy Ltd. 2 SHENKAR STREET TEL-AVIV,, L3		X

Signatures

/s/ Yosef Meir, Director on behalf of The Israel Land Development Company - Energy Ltd.		04/02/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Based on the closing price of Israel Land Development Company - Energy Ltd's Ordinary Shares on the Tel-Aviv Stock Exchange of approximately $.18 per share. 28,402,262 Ordinary Shares were issued to GGR in exchange for GGR's common stock. The value of the Ordinary Shares issued to GGR were valued at $7,530,310 under the terms of the Securities Purchase and Exchange Agreement, dated November 21, 2011 between ILDE and GGR.
(2)	Each Unit consists of one share of Common Stock and one Warrant to purchase one share of Common Stock with an exercise price of $0.30 per share.

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