Gulfsands Petroleum Zahraa Exploration Well Disappoints

Oil and gas company Gulfsands Petroleum PLC  said Friday its Zahraa 1 exploration well in Syria has been suspended after drilling detected only minor oil and gas shows.
The firm said data from the well will now be reviewed to see if there is any remaining potential in the Zahraa structure. The cost of drilling operations at the well will be around $1.3 million, Gulfsands added.
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Source: Zawya