Just a footnote. I believe the woes that Gulfsand are facing in Syria (Shell has just pulled out, Gulfsands will also need to uphold UN sanctions and 90% of their revenue comes from Syria) may make it all the more compelling for them to invest further in Tunisia. I believe they'll become the operator as soons as SD is proven commercial and they will invest heavily into the chorbane prospect (I'm hoping ADX are using Gulfsands to help source the test rig). Just a thought but Gulfsands needs to diversify and get a new revenue stream as the Syrian crisis continues. Can only help to monetise the discovery quickly (connect to pipeline infrastructure etc) and all good for VIL.
Cheers
Maddoc
VIL Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
