Gulfsands Petroleum sells three Gulf of Mexico properties

Gulfsands Petroleum, the oil and gas exploration and production group active in Syria, Iraq, Tunisia, Italy and the US, has sold three properties from its Gulf of Mexico asset portfolio for US$4.2m.The non-core producing assets are located in the shallow water shelf area of the Gulf of Mexico and the disposal is a part of an ongoing plan at Gulfsands to rationalise its US oil and gas property portfolio. 
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Source: Stockopedia