Gulfsands Appoints New CEO
Thursday, April 11, 2013 Gulfsands Petroleum appoints a new CEO to succeed Ric Malcolm.
Gulfsands Completes Moroccan Acquisition
Thursday, January 17, 2013 Acquisition of Cabre Maroc gives Gulfsands Petroleum significant acreage in a highly-prospective region.
Gulfsands Petroleum Buys Moroccan Licenses from Caithness Petroleum
Wednesday, December 19, 2012 Gulfsands announces the acquisition of Cabre Maroc for an extensive portfolio of highly prospective O&G exploration licenses and gas exploitation concessions covering an area in northern Morocco.
Gulfsands Expands its Interests in Tunisia
Friday, November 23, 2012 Firm raises interest in Chorbane onshore license to 70 percent, while boosting stake in Kerjouane offshore joint venture to 40-percent.
Production Testing Begins at Sidi Dhaher Well in Tunisia
Thursday, May 31, 2012 If the Sidi Dhaher well is a commercial success, Gulfsands Petroleum will take over as operator.
Gulfsands Petroleum Suspends Syria Exploration
Thursday, February 02, 2012 Gulfsands Petroleum said it is suspending exploration activities in Syria, only two days after announcing strong drilling results in the strife-ridden country.
Gulfsands' Syrian Appraisal Well Confirms 19.2 Million Barrels
Tuesday, January 31, 2012 Gulfsands also reported that both its Khurbet East and Yousefieh oil fields performed "extremely well" in 2011.
Gulfsands Anticipates Reduced Production until October-End
Monday, October 17, 2011 It is expected that this reduced level of production will continue until the end of October at the earliest.
Gulfsands Sees Decline in Syria's Production
Thursday, October 06, 2011 During September 2011, Gulfsands Petroleum was instructed by the Syrian Oil Ministry to reduce Block 26 production in line with reduced availability of crude storage capacity within the country.
New Oil Column Identified at Gulfsands' Tunisia Well
Monday, October 03, 2011 A potential oil column has been identified in the Sidi Dhaher-1 well based on formation pressure data, and oil along with drilling mud and mud filtrate has been recovered from the reservoir via wireline sampling methods.
Gulfsands Makes Oil Discovery in Syria
Friday, August 26, 2011 The Yous-6 well encountered oil bearing Cretaceous Massive Formation reservoir at a depth of 2045 meters Measured Depth Below Rotary Table or 1560 meters True Vertical Depth Sub-Sea, 28 meters deep to prognosis, according to Gulfsands.
Gulfsands: Fully Compliant With Syrian Sanctions
Wednesday, August 24, 2011 Gulfsands provided the following information on its activities in Syria.
Gulfsands Flows Rate of 5516 bopd at Khurbet East Well
Monday, August 08, 2011 Gulfsands reported that well KHE-19H achieved an oil flow rate of 5516 bopd under production testing.
Gulfsands Discovers Oil at Syrian Wells
Monday, July 11, 2011 "We are pleased to have encountered high quality, oil bearing reservoirs in both the Yous-7 and KHE-19st wells," said Ric Malcolm.
Gulfsands Encounters Hydrocarbon Columns in Syria
Thursday, June 02, 2011 Potentially significant hydrocarbon columns were encountered within the Triassic aged Butmah and Kurrachine formations, according to Gulfsands.
Gulfsands Completes Testing Ops at Syria Well
Wednesday, February 09, 2011 Testing operations are now complete at the Twaiba-1 exploration well, according to Gulfsands.
Gulfsands Disappointed by Twaiba Drilling
Wednesday, February 02, 2011 "The production testing results at Twaiba at least so far, have been disappointing particularly in light of the substantial oil column that appears to be present," said Ric Malcolm.
Tunisia Govt Grants 3 More Years for Kerkouane Exploration
Tuesday, January 18, 2011 The Government of Tunisia has approved the renewal of the Kerkouane exploration license.
ADX Secures Rig to Drill Tunisia Well
Wednesday, January 12, 2011 ADX has signed a Letter of Intent with Challenger Limited for the use of the Rig 37 onshore drilling unit to drill the planned 2150m Sidi Daher exploration well.
Gulfsands Receives Mixed Signals in Syria
Friday, January 07, 2011 "The results from the Twaiba exploration well are very encouraging...The drilling results at Zahraa are disappointing," said Ric Malcolm.