image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Updates

Gulfsands

July 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GPX
  • Price:
  • 240p
Gulfsands has delivered some mixed news on its main licence in Block 26 onshore Syria with its Abu Ghazal exploration well proving a duster while an earlier appraisal well (KHE-18) at its core Khurbet East field found oil in commercial quantities and it will now be prepared for future production. The next well to be drilled will be a “step-out†from KHE-18 in order to help determine if the latter will prove much larger than initially thought and if successful could see year-end proven and probable reserves raised significantly. Gulfsands also announced that production at Khurbet East and the Yousefieh fields has continued without interruption with output averaging 18,000 barrels oil per day (bopd) during April, which is ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Gulfsands - 17% growth in 2P reserves (May 2011)
Gulfsands - Over-reaction to dry well (March 2011)
Gulfsands (February 2011)
Gulfsands - Syrian oil discovery significantly larger than first thought (January 2011)
Gulfsands - Syrian oil producer on prospective PE for 2012 of just 4.1 (August 2010)
Gulfsands - Bidders likely to return with knockout offer above £4 a share (June 2010)
Gulfsands (March 2007)
Gulfsands (November 2006)
Gulfsands (July 2006)
Gulfsands (April 2006)
Gulfsands - Syrian assets could yield huge oil & gas discoveries this year (March 2006)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X