Gulfsands Petroleum's Morocco Well Confirmed as Gas Discovery

Gulfsands Petroleum’s Douar Ouled Balkhair 1 gas exploration well (DOB-1) located within the Rharb Centre Permit in Northern Morocco has been confirmed as a gas discovery.

“During testing of this discovery, gas flowed to surface during the well's clean up flow period at rates in excess of 10 million standard cubic feet per day (mmscfpd).  DOB-1 has now been suspended as a future gas production well,” the company said in a ststement.

The DOB-1 well is the third well to be drilled on the Rharb Centre permit based on the company's interpretation of 3D seismic survey data acquired by Gulfsands on the permit area in the second half of 2013. The first two wells to be drilled on this permit were also successful in finding gas and flowing it to surface, at wells LTU-1 and DRC-1.

Upon completion of operations the company plans to suspend drilling operations whilst a detailed technical assessment is conducted over the DOB-1 and DRC-1 gas discoveries that will include the identification of potential locations for further drilling in the near vicinity of these discoveries.