May 20 (Reuters) - Oil and gas producer Gulfsands Petroleum Plc said on Wednesday it was planning to seek short-term financing from some of its shareholders to use as working capital. The company said it faced "many challenges over the coming months," including seeking extensions to licence
Read moreOil and gas explorer Gulfsands Petroleum said it had removed its chief executive and appointed a new executive chairman. The North Africa-focused group said it had named Alastair Beardsall, the current chairman of Sterling Energy, as its executive chairman with immediate effect. Beardsall's arrival
Read more(Adds details) April 14 (Reuters) - Gulfsands Petroleum Plc said it removed Mahdi Sajjad as chief executive and appointed Alastair Beardsall, a nominee of its top shareholder, as executive chairman with immediate effect. The oil and gas producer has been embroiled in a boardroom battl
Read moreApril 14 (Reuters) - Gulfsands Petroleum Plc said it removed Mahdi Sajjad as chief executive and appointed Alastair Beardsall as executive chairman of the company with immediate effect. The oil and gas production, exploration and development company, which operates in Syria, Morocco, Tunisi
Read more(Adds details, background, share movement) March 20 (Reuters) - Gulfsands Petroleum Plc said it was in talks with its major shareholders to secure immediate working capital as it struggles to repay some debt and continue funding operations. The oil and gas producer said it would requi
Read moreLondon's leading FTSE 100 benchmark index posted mild gains on Friday amid renewed optimism from talks between Greece's new government and EU creditors in Brussels. The Greek government is now expected to present its reforms in the next days after wrangling with EU leaders who will then decide on th
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