Gulfsands Petroleum Plc is an independent oil and gas exploration and production company, whose shares are traded on the London Stock Exchange (symbol: AIM:GPX). The Group's major focus is on the Middle East and North Africa where it has oil exploration and development projects in the Syrian Arab Republic, oil exploration projects in Tunisia, and upstream and midstream oil and gas business development activities in Iraq. Gulfsands also produces oil and gas from a portfolio of properties in the USA, offshore Gulf of Mexico.
24/05/12
CORRECTION: TR-1: NOTIFICATION OF MAJOR INTEREST23/05/12
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES11/05/12
Directors Dealing04/05/12
AGM Notice & 2011 Report & Accounts03/04/12
Annual Results
03/04/12
Gulfsands is looking for a ‘fast track’ opportunity to build another non-Syrian based business unit. The firm said that it intends to maintain its presence in Syria to preserve value for shareholders and it will consolidate its interests in Tunisia.
03/04/12
Gulfsands is looking for a ‘fast track’ opportunity to build another non-Syrian based business unit. The firm said that it intends to maintain its presence in Syria to preserve value for shareholders and it will consolidate its interests in Tunisia.
03/10/11
Earlier today Gulfsands told investors that it has found a potential oil column in an exploration well on the Chorbane permit. RBS analyst Phil Corbett described the result as a ‘sign of life’ for the group’s exploration portfolio, which hasn’t had any high profile success in the year so far.
11/07/11
Gulfsands Petroleum released an operational update about its Syrian operations today. Despite the political uncertainty in the country, brokers rate the oil and gas firm a "buy".
12/05/11
The AIM-listed oil company told investors that oil production has continued from the Khurbet East and Yousefieh oilfields in Syria without interruption, despite the civil unrest in the Middle Eastern country. Analysts welcomed the news by repeating ‘buy’ recommendations and on AIM the shares are off their recent lows.
23/05/12
Waterford increases Gulfsands Petroleum stake to over 19 per cent11/05/12
Gulfsands Petroleum director Sajjad raises stake to 7.37pct03/02/12
Gulfsands Petroleum chairman increases stake in firm02/02/12
Gulfsands calls halt to exploration in Syria31/01/12
Gulfsands Petroleum says Khurbet East 102 is consistent with expectations
05/07/2011
05/04/2011
22/11/2010
16/06/2010
02/06/2010
22/09/2009
Interim Results Presentation27/10/2009
Corporate Factsheet26/11/2009
Analyst & Investor Presentation - 2009 Update and Plans for 201001/11/2009
Investor Presentation24/11/2009
World Independent & junior Oil & Gas CongressGulfsands' vision is to become one of the pre-eminent independent exploration and production companies in the Middle East and North Africa and as a preferred operator and partner. Gulfsands is focused on acquiring and developing significant interests in high impact projects in the Middle East and North Africa.
Andrew West - Non-Executive Chairman
Andrew West (53) a British subject and resident, has been Chairman of Gulfsands since July 2006. An investment banker specialising in mergers and acquisitions by career, he has worked for Smith Barney (1981 - 85), Lehman Brothers (1985 -- 90), Guinness Mahon (1990 -- 97) and from 1997 to 1999 was Managing Director of Strand Partners, a privately owned investment banking firm specialising inter alia in energy and natural resources. For the past twelve years he has run his own consultancy practice. He is currently a non-executive director of or adviser to numerous companies, both public and private, and has had considerable experience as both a financial adviser and a non-executive director in the oil and gas sector.
Richard J. Malcolm - Chief Executive Officer
Richard (Ric) Malcolm is a professional geoscientist with over 29 years of varied oil and gas experience. Ric began his career as a Petroleum Geologist with Woodside in Perth, Australia exploring for oil and gas on the Northwest Shelf. He then spent 10 years with Ampolex Limited (Perth & Sydney) where he served as the Senior Explorationist and Exploration Manager Western Australia & Northern & Eastern Australia. Following three years with Mobil as Manager for Papua New Guinea, he joined the Austrian oil & gas company OMV in 1999. Initially Exploration Manager for Australia and New Zealand, his roles have included Exploration and Reservoir Manager for OMV Libya, General Manager of OMV Norway and finally in 2006 Managing Director for OMV UK. Ric joined Gulfsands as Chief Executive in October 2008.
Mahdi Sajjad - Executive Director and President
Educated in the United Kingdom, Mahdi Sajjad worked from 1981--1988 with a consortium of British companies marketing products and engineering services in the Middle East and Africa. In 1988, he joined International Development Corporation in Dubai as a Senior Executive and later as Managing Director whilst also serving during the same period through to 1995 as a Director of Oil & Minerals Development Corporation. He has also established, as a founder shareholder and financier, a number of companies with interests in the Middle East in different industry sectors but with particular emphasis on the energy and mining sectors. Mahdi joined Gulfsands in 1998.
Andrew Rose - Director and Chief Financial Officer
Andrew Rose was until March 2008 Chief Financial Officer of Burren Energy, the UK independent oil and gas company which he joined in 2001, when it was a private company, and helped to list it on the London Stock Exchange in December 2003 and to build it into one of the UK's most successful mid tier independent oil companies, culminating in its sale to ENI in January 2008. Prior to joining Burren Energy he had spent his career in investment banking, working in advisory, capital markets and structured finance roles, and most recently was head of Corporate Finance for Eastern Europe, Middle East and Africa at Societe Generale. He has an MA in Engineering from Cambridge University. Andrew joined Gulfsands as Chief Financial Officer in June 2008.
Kenneth Judge - Director of Corporate Development & Communications
Ken Judge is a corporate lawyer with extensive business management and corporate development experience having held numerous public company directorships and having been engaged in the establishment or corporate development of oil and gas, mining and technology companies in the United Kingdom, Middle East, USA, Australia, Europe, Canada, Latin America and South East Asia. He has undergraduate and post-graduate degrees in Commerce, Jurisprudence and Laws from the University of Western Australia and was awarded an Order of Australia Medal in 1984.Ken became a Director of Gulfsands in 2006.
David Cowan - Non-Executive Director
David Cowan is a solicitor residing in Vancouver, Canada. He is a partner with McMillan LLP, a national Canadian law firm, and practices primarily in the area of corporate and securities law. He represents numerous publicly traded companies and has previously worked with the British Columbia provincial government, including the British Columbia Securities Commission, where he was involved in the drafting of securities legislation. David is a past Chairman of both the Securities and Natural Resources subsections of the British Columbia branch of the Canadian Bar Association, and the National Natural Resources subsection of the Canadian Bar Association. He has also served as a member of the Securities Policy Advisory Committee to the British Columbia Securities Commission and is a frequent lecturer for the Continuing Legal Education Society of British Columbia. His specific Middle East region experience includes ventures in Syria, Iraq and Algeria. He holds an LLB from the University of British Columbia (1979). David became a Director of Gulfsands in 2006.
Nominated Advisor & Broker:
RBC Europe Limited
Address: Riverbank House
2 Swan Lane
London, UK
EC4R 3BF
Telephone: +44 020 7653 4000
Fax: +44 020 7332 0316
Public Relations:
Buchanan Communications Limited
Address: 45 Moorfields
London, UK
EC2Y 9AE
Telephone: +44 020 7466 5000
Fax: +44 020 7466 5001
Bobby Morse:
+44 020 7466 5000
Ben Romney: +44 020 7466 5000
Investor Relations:
London: Paul Ensor - RK Equity Advisors
+44 020 7466 5000
New York: Howard Klein - RK Equity Advisors
+1 718 520 1666
Vancouver: Jon Bey - Steel Rose Communications
+1 604 681 6458
Auditors:
Deloitte LLP
Address: 2 New Street Square
London, UK
EC4A 3BZ
Telephone: + 44 020 7936 3000
Fax: + 44 020 7583 1198
Solicitors:
Field Fisher Waterhouse LLP
Address: 35 Vine Street
London, UK
EC3N 2AA
Solicitors:
McMillan LLP
Address: 1500 - 1055 West Georgia Street
Vancouver, BC
Canada
V6E 4N7
Registrar:
Capita IRG
Address: Beaufort House
34 Beckenham Road
Kent, UK
BR3 4TU
Corporate Headquarters:
London:
2nd Floor
6 Duke Street
St James’ Square
London
SW1Y 6BN
Telephone: +44 020 7434 6060
Fax: +44 020 7434 6061
Website: www.gulfsands.com
email: info@gulfsands.com
Secretary and Registered Office:
John Bottomley
Sprecher Grier Halberstam LLP
1 America Square Crosswall
London, UK
EC3N 2SG
Telephone: +44 020 7264 4444
Fax: +44 020 7264 4440
Company #: 5302880
Regional Offices :
Syria:
Building No 653 - First floor
Sahnaya Highway - Ashrafet Sahnaya
PO Box 81
Damascus, Syria
USA:
3050 Post Oak Boulevard
Suite 1700
Houston, Texas
USA
77056
Significant Shareholders of Gulfsands Petroleum plc as of January 9, 2012
(3% or more)
| Significant Shareholders | Number of Ordinary Shares |
% of Total Shares Outstanding |
|
|
|
|
| Directors | ||
| Hamilton Capital Partners Ltd.(1) |
2,616,750
|
|
| Nordman Continental S.A.(2) |
8,655,268
|
|
| Wickam Holdings(2) |
47,000
|
|
| David Cowan |
491,750
|
|
| Andrew Rose |
600,000
|
|
| Andrew West |
122,664
|
|
| Richard Malcolm |
150,000
|
|
|
|
|
|
|
12,683,432
|
10.77%
|
|
| Schroder Investment Management |
21,143,115
|
17.96%
|
| Waterford Finance & Investment Ltd. |
17,687,973
|
15.00%
|
| Abdul Rahman Kayed |
11,500,000
|
9.77%
|
| Al-Mashrek Global Invest Ltd. |
7,000,000
|
5.95%
|
| Soyuzneftegas Capital Ltd. |
5,969,298
|
5.07%
|
| Hugh Sloan |
5,007,240
|
4.25%
|
| YF Finance |
3,542,003
|
3.01%
|
(1) Companies associated with Ken Judge
(2) Companies associated with Mahdi Sajjad
Updated from company website 11/01/12
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