Syria

Jan. 11, 2006
Gulfsands Petroleum PLC, London, completed acquisition of 1,155 km of 2D seismic on Block 26 in northern Syria.

By OGJ editors

HOUSTON, Jan. 11 -- Gulfsands Petroleum PLC, London, completed acquisition of 1,155 km of 2D seismic on Block 26 in northern Syria.

The data flesh out leads in Cretaceous reservoir targets that offset large Souedieh, Rumailan, Hamzeh, and Karatchok fields in the northern part of the block and Paleozoic reservoir targets in the northern and southwestern parts of the block.

Based on existing seismic data and well control Gulfsands, operator with 50% interest, has identified 31 prospects and leads on the block and plans to drill at least four wells by August 2007.