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
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce a significant increase in the resource potential at its Dougga Gas Condensate discovery offshore Tunisia, based on the results of ADX remapping using its leading edge dual sensor 3D seismic data acquired earlier in 2010.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce that it has completed an initial evaluation of the Lambouka-1 well results and has generated a preliminary resource estimate for the Lambouka gas discovery.
ADX Energy Limited (ASX:ADX) is pleased to announce that tenders for drilling services have been sent to contractors this week with a view to drilling the Sidi Daher prospect in December of this year.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on activities during past week.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce that the participants have agreed to the Operators proposal to suspend the Lambouka -1 discovery in a manner that is suitable for the future re-entry of the well.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce hydrocarbon bearing zones have been discovered in the Lambouka-1 well. Drilling and wire line logging operations on the well have now been concluded, having reached a total measured depth of 2,786 meters.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on activities during past week.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) rig operations as at 0600 hrs Tunisian local time (GMT) on the 29th of August were at a measured depth of 2,691 m.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) rig operations as at 0600 hrs Tunisian local time on the 26th of August were drilling ahead at a measured depth of 2,511m. Since the last operations report earlier this week, the Abiod Formation limestones which are the primary target for the Lambouka well have been encountered. The Abiod intersection was associated with some losses of circulation fluids, an increase in background gas shows and an anomalously high resistivity on the Measurement While Drilling (MWD) electric logs.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on Lambouka-1 Well operations update.
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