Oil discovery at Yousefieh-1
Oil discovery at Yousefieh-1, Block 26, Syria
Wednesday, 19th November 2008
Gulfsands Petroleum plc the oil and gas production, exploration and development company with activities in Syria, Iraq and the U.S.A., is pleased to announce an oil discovery at the Yousefieh-1 well in the Gulfsands' operated Block 26, Syria. In addition, the Company is delighted to confirm that cumulative oil production from the Khurbet East Field (the "Field") has now exceeded one million barrels.