African Barrick Gold Plc (ABGLF) 7.5000 $ABGLF
Financing Update and Assignment of Arawak Loan Facility
M2 - Wed Jul 01, 3:55AM CDT
Gulfsands Petroleum Plc ("Gulfsands" or the "Company"

, the AIM listed oil and gas company (AIM:GPX) with activities in Syria, Morocco, Tunisia and Colombia, is pleased to provide the following update with regard to a proposed financing and the assignment of the US$20 million Facility Agreement with Arawak Energy Bermuda Limited ("Arawak Loan Facility"

.
GPX: 23.65 (-0.05)
Establishment of MENA Region Strategic relationship with Arawak
M2 - Mon Nov 24, 3:54AM CST
Gulfsands Petroleum plc ("Gulfsands", the "Group" or the "Company" - AIM: GPX ), the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia, Colombia and the U.S.A. is pleased to provide the following corporate update, including confirmation of the establishment of a strategic relationship with Arawak Energy International Limited ("Arawak"

, an oil and gas exploration and development company, registered in the Dubai International Finance Centre , relating to the acquisition and development of new business opportunities in the Middle East and North Africa ("MENA"

region ("Projects"

. In addition, Arawak has agreed to provide Gulfsands with a US$20 million convertible loan facility for the further development of the Group's existing Moroccan interests, and for working capital purposes.