Last 25.50 GBp
Change Today 0.00 / 0.00%
Volume 84.7K
GPX On Other Exchanges
As of 7:35 AM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

gulfsands petroleum plc (GPX) Snapshot

25.50 GBp
Previous Close
25.50 GBp
Day High
25.50 GBp
Day Low
25.50 GBp
52 Week High
05/23/14 - 71.00 GBp
52 Week Low
12/11/14 - 21.13 GBp
Market Cap
Average Volume 10 Days
-0.21 GBp
Shares Outstanding
Dividend Yield

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gulfsands petroleum plc (GPX) Details

Gulfsands Petroleum plc, an independent oil and gas exploration and production company, is engaged in the exploration, development, and production of oil and gas primarily in the Middle East, North Africa, and the Republic of Colombia. It has exploration projects in Morocco, and onshore and offshore Tunisia; two operated interests in exploration licenses in Colombia; and a non-operated portfolio of producing oil and gas properties in the United States. The company was founded in 1997 and is headquartered in London, the United Kingdom.

57 Employees
Last Reported Date: 05/31/14
Founded in 1997

gulfsands petroleum plc (GPX) Top Compensated Officers

Founder, Chief Executive Officer, President a...
Total Annual Compensation: $788.0K
Director of Finance & Administration and Exec...
Total Annual Compensation: $97.0K
Commercial Director and Executive Director
Total Annual Compensation: $824.0K
Compensation as of Fiscal Year 2013.

gulfsands petroleum plc (GPX) Key Developments

Gulfsands Petroleum plc Provides Update on Drilling Activities in Morocco

Gulfsands Petroleum plc provided the update on drilling activities in Morocco and the completion of the sale of the Group's interests in the Gulf of Mexico, USA. Morocco: Rharb Drilling Programme: Drilling operations on the Dardara Southeast 1 well (DRC-1), located within the Rharb Centre Permit in Northern Morocco, have now commenced using the COFOR SAS Cabot 750 rig. The DRC-1 well is the second well to be drilled based on the interpretation of 3D seismic survey data shot by Gulfsands on the Rharb Centre Permit in 2013. The DRC-1 well is designed to be drilled to a total vertical depth of approximately 1,280 metres and will evaluate two distinct predicted Miocene aged reservoirs contained within a fault bound structural closure, and that have been identified from 3D seismic data as having the potential to be gas bearing. The well is located approximately 2 km southeast of the DAR-1 well, where good quality reservoir sands were encountered at the primary target level which however were water bearing. The DRC-1 well location is structurally updip from the DAR-1 location, and coincides with the appearance of strong seismic amplitude anomaly reflectors that may indicate the presence of an updip gas accumulation. The Company expects that drilling operations at DRC-1 will be completed within 28 days. Upon completion of drilling operations at DRC-1, the Company has two further drilling locations in a ready state with drilling pads prepared, and information concerning the choice of the next drilling location will be provided shortly.

Gulfsands Petroleum plc - Shareholder/Analyst Call

To provide the corporate update, including confirmation of the establishment of a strategic relationship with Arawak Energy International Limited, relating to the acquisition and development of new business opportunities in the Middle East and North Africa

Gulfsands Petroleum Seeks Acquisitions

Gulfsands Petroleum plc (AIM:GPX) will pursue the acquisition of projects with existing oil and gas reserves requiring development or re-development.


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