Gulfsands Petroleum plc
LON:GPX ISIN:GB00B06VGC01
Gulfsands Petroleum plc (LON:GPX) is an independent oil and gas exploration, development, and production company. The Company has development and exploration projects in the Syrian Arab Republic and the United States (offshore Gulf of Mexico and onshore Gulf Coast). The Company has also signed a memorandum of understanding relating to a project in Iraq. Gulfsands owns a 50% working interest in, and is the operator of, Block 26 in north-east Syria under a production sharing contract (PSC). Gulfsands mainly operates in Syria and United States. In the USA Gulf of Mexico, Gulfsands owns interests in 44 blocks comprising approximately 138,000 gross acres in shallow water offshore Texas and Louisiana, which include 30 producing oil and gas fields.
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News
AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce that Gulfsands Petroleum Plc (LON:GPX) has exercised its option to increase its working interest to 30% participation in AuDAX's two contiguous offshore Exploration Permits, G.R15.PU and Kerkouane which are together described here in as the Sicily Channel Exploration Permits.
AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce that a farm out agreement has been entered into between Alpine Oil & Gas Pty Ltd ('AOG') (a wholly-owned subsidiary of AuDAX) and Gulfsands Petroleum Plc ('Gulfsands') in relation to AuDAX's Kerkouane licence ("Kerkouane Permit") and the adjacent exploration permit in Southern Italy (G.R15.PU, known as the Pantelleria Licence) which are together described here in as the Sicily Channel Exploration Permits (the 'Farmin Agreement'). This Farmin Agreement concludes the formal farmin documentation required by AuDAX for the funding of the Lambouka -1 exploration well.
AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF) releases Quarterly Activities Report Ending 31 March 2010.
AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce that it has signed a farmin agreement with Bombora Energy Pty Ltd for participation in exploration of the two contiguous offshore Exploration Permits, G.R15.PU and Kerkouane (the "Permits").
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AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce that it has accepted a farm-in offer from Gulfsands Petroleum Plc (LON:GPX) (PINK:GFPOF) for participation in exploration of AuDAX's two contiguous offshore Exploration Permits, G.R15.PU and Kerkouane (the "Permits").
AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF) announces that it accepted a farm-in offer from Gulfsands Petroleum Plc (LON:GPX) (PINK:GFPOF) for participation in exploration of the Chorbane Permit onshore Tunisia where AuDAX is the operator and holds a 100% interest.
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