Gulfsands Petroleum Share News (GPX)

Gulfsands Petroleum Awarded Moulay Bouchta Permit In Morocco

LONDON (Alliance News) - Gulfsands Petroleum PLC Monday said it has finalised agreements with Morocco's Office National des Hydrocarbures et des Mines, for a 75% interest in Moulay Bouchta, a newly created licence block in Morocco. Gulfsands Petroleum has activities in Syria, Morocco, Colom

Gulfsands Petroleum Pretax Loss Narrows On Lower Cost Of Sales

LONDON (Alliance News) - Gulfsands Petroleum PLC Friday said its pretax loss narrowed slightly in 2013 as a reduction in costs offset a fall in revenues. The oil-and-gas exploration and production company with operations in the Middle East and North Africa said its pretax loss narrowed slig

Gulfsands slips on plugging of Moroccan well

AIM developer Gulfsands Petroleum further disappointed investors as it decided to plug and abandon a well in Morocco. The Ben Fidal 2 well was found to be non-commercial despite significant gas shows that were encountered on the way down. However, analysis suggested that the channel fill section

STOCKS NEWS EUROPE-UK small caps rise less than blue-chips

The FTSE Small Caps and junior-listed FTSE AIM All Share Index both rise by 0.2 percent, underperforming a 0.6 percent rise on the blue-chip FTSE 100 index a 0.5 percent gain on the mid-cap FTSE 250 index. Cross-border payments company Earthport rises 1.3 percent to 39 pence as brokerage P

Gulfsands Petroleum fails to strike viable gas in Morocco

Gulfsands Petroleum has failed to find viable gas reserves in a couple of wells in Morocco, sending its shares down. Gulfsands, which works in Syria, Morocco, Tunisia, Colombia and the US, said it had found gas in the first two wells of a first phase of four being drilled on its Rharb Centre Permit

Gulfsands Petroleum Begins Drilling And Develops Seismic Studies In Morocco