Middle East Economic Survey

VOL. LIV

No 3

17-Jan-2011

syria

Gulfsands Suspends Zahraa-1 Exploration Well

Gulfsands Petroleum announced on 7 January that its Zahraa-1 exploration well in Syria has been suspended after only minor oil and gas shows were observed whilst drilling through the Cretaceous aged section. The company added the data obtained from the well will be fully analyzed prior to any further drilling on the Zahraa structure. The drilling results at Zahraa are disappointing, but...