News

June 23, 2009

Gulfsands Petroleum Announces The Success Of Another Development Well On Its Khurbet East Field In Syria

You could argue that if you wanted to learn about Gulfsands Petroleum, the London quoted oil and gas explorer and producer, now would be a good time to investigate. The company has just taken a group of London oil analysts from broking houses to Syria on a site visit, and they are beginning to pay for the trip, as it were, with some reports on what they saw and how they value the company.

In fact, Gulfsands has always, well certainly since 2007, been good at investor relations, issuing constantly well informed updates about its activities. This is partly due, one suspects, to the fact the company has a good story to tell.

Regular readers of oilbarrel.com will know that the company started out in the Gulf of Mexico and also has a proposed gas gathering and separating project in Maysan, Iraq. But since listing project on London’s AIM in 2005 Gulfsands has progressed to become a...