Gulfsands Petroleum Share News (GPX)
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Gulfsands Petroleum has started its drilling programme in Morocco and said it looked forward to seeing the results from the first well later next month. The AIM-listed oil and gas company has begun drilling the Al Krima 1 well within the Rharb Centre Permit in Northern Morocco with the aim of eval
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* Genel active in Morocco, Malta * Gulfsands left Syria for Morocco * Cairn scents promise offshore Spain By Sarah Young LONDON, Aug 23 (Reuters) - Middle East turmoil has given a fresh spur to energy companies looking for big finds further afield to more stable and inviti
Read moreGulfsands Petroleum is planning a big drilling and fact-finding programme in Morocco as part of its move away from business in Syria. The oil and gas company said it would start drilling the first well of a five-well campaign in early September 2013 in its Rharb permit area. Gulfsands will also la
Read moreWeir Group still looks like a good long-term bet on a growth industry, writes the Times´s tempus column this morning. The market earlier this year had its concerns over Weir's exposure to shale. Over the past 13 months the company invested a total of almost $1.1bn on equipment that serves the US sha
Read moreThe FTSE Small Caps index stays 0.4 percent higher by midday, lagging bigger gains by the blue chips and the mid caps, which are both ahead by 0.7 percent. Gulfsands Petroleum gains 3.3 percent as the explorer acquires Cabre Maroc, a subsidiary of Caithness Petroleum, which has exploration licences
Read moreAIM-listed oil and gas production company Gulfsands Petroleum has reached an agreement with the Caithness Petroleum Limited Group to acquire Cabre Maroc Limited, a wholly-owned subsidiary and operator of a portfolio of highly prospective oil and gas exploration licences and gas exploitation concess
Read moreOil company Gulfsands Petroleum has acquired an additional 30 per cent participating interest in the Chorbane joint venture (JV) and a 10 per cent participating interest in Kerkouane and Pantellaria JVs, in Tunisia and Italy respectively. It has also formed a strategic alliance with Rift Basin Res
Read moreOil and gas producer Gulfsands Petroleum has said that the Chorbane permit, located onshore Tunisia, has been renewed for a further period of three years. Under the terms of the licence renewal, 20% of the previous permit area will be relinquished. The permit is operated by ADX Energy, who agreed
Read moreGulfsands Petroleum, an oil and gas company, has said it has been advised by ADX Energy, the operator of the Chorbane licence in Tunisia, that despite good flow rates from the two reservoir zones, the fluids did not contain any oil. Following the drilling out of the safety plug within the previousl
Read moreOil and gas producer Gulfsands Petroleum is looking to build a presence in a new country as it waits for the mess in Syria to clear up. "Our objectives for 2012 are to consolidate our position in Tunisia and build a viable non-Syrian leg to the business within the capacity of the group's financial
Read moreAfter the Purchasing Managers' Index (PMI) for Manufacturing was released on Monday it is the turn of the Construction sector to have its PMI pulse felt on Tuesday. Market expecations are for the March reading to ease to 53.5 from 54.3 in February, though it is worth noting that any value above 50
Read moreGulfsands Petroleum shares were in a double dealing today, with one director buying and another selling stock in the oil and gas firm. Non-Executive Chairman Andrew West, 53, bought up £31,325-worth of shares in the firm, at 179p per share. The director now holds 140,144 shares in the firm. Chie
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