In its report released to London Stock Exchange Gulfsands Limited posted a healthy profit - rising 65%. They made significant mention in relation chorbane permit and its massive upside potential.
"In Tunisia, the drilling of the Sidi Dhaher exploration prospect is now imminent. Gross mean recoverable
resources for this prospect are estimated to be approximately 60 million barrels of oil equivalent,
and if the result is a commercial discovery Gulfsands has the option to apply to take over as operator
of the block."
"The Sidi Dhaher exploration well on the Chorbane block is to spud imminently. The timing
of spud has been delayed by several weeks owing to minor disruptions following the recent civil
unrest in Tunisia"
http://www.gulfsands.com/i/pdf/AF_2010.pdf
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