Total Voting Rights>
Total Voting Rights
(Thomson Reuters ONE) - Gulfsands Petroleum PLC30 June 2009GULFSANDS PETROLEUM PLC (the 'Company')Total Voting RightsFor the purposes of the Financial Services Authority's Disclosure andTransparency Rules, the Company notifies the market that as at thedate of this announcement, the Company's issued share capitalconsists of 119,272,500 ordinary shares with a nominal value of5.7142865 pence each ('Ordinary Shares'), with voting rights. TheCompany does not hold any Ordinary Shares in Treasury.The above figure of 119,272,500 Ordinary Shares may be used byshareholders in the Company as the denominator for the calculationsby which they will determine if they are required to notify theirinterest in, or a change in their interest in, the share capital ofthe Company under the FSA's Disclosure and Transparency Rules.For further information:Gulfsands Petroleum (London) +44 (0)20 7434 6060Richard Malcolm, Chief Executive OfficerKenneth Judge, Director of Corporate Development +44 (0)7733 001002& CommunicationsBuchanan Communications Limited (London) +44 (0)207466 5000Bobby MorseBen RomneyRBC Capital Markets (London) +44 (0)20 7653 4667Sarah WharryABOUT GULFSANDS:Gulfsands is listed on the AIM market of the London Stock Exchange.SyriaGulfsands owns a 50% working interest and is operator of Block 26 inNorth East Syria. The Khurbet East oil field was discovered in June2007 and commenced commercial production within 13 months of thediscovery. This field is producing at an average production rate ofapproximately 10,800 barrels of oil per day through an earlyproduction facility. Block 26 covers approximately 8,250 squarekilometres and encompasses existing fields which currently produceover 100,000 barrels of oil per day, and are operated mainly by theSyrian Petroleum Company. The current exploration license expires inAugust 2010 and is extendable for a further two years. Gulfsands'working interest 2P reserves in Syria at 31 December 2008 were 35.2mmbbls.IraqGulfsands signed a Memorandum of Understanding in January 2005 withthe Ministry of Oil in Iraq for the Maysan Gas Project in SouthernIraq, following completion of a feasibility study on the project, andis negotiating details of a definitive contract for this regionallyimportant development. The project will gather, process and transmitnatural gas that is currently a waste by-product of oil productionand as a result of the present practice of gas flaring, contributesto significant environmental damage in the region. The Company isactively engaged in discussions with respect to financing andpotential equity partners. Gulfsands has no reserves in Iraq.Gulf of Mexico, USAThe Company owns interests in 44 blocks comprising approximately138,000 gross acres offshore Texas and Louisiana, which include 30producing oil and gas fields with proved and probable workinginterest reserves at 31 December 2008 of 5.1 mmboe.Certain statements included herein constitute "forward-lookingstatements" within the meaning of applicable securities legislation.These forward-looking statements are based on certain assumptionsmade by Gulfsands and as such are not a guarantee of futureperformance. Actual results could differ materially from thoseexpressed or implied in such forward-looking statements due tofactors such as general economic and market conditions, increasedcosts of production or a decline in oil and gas prices. Gulfsands isunder no obligation to update or revise any forward-lookingstatements, whether as a result of new information, future events orotherwise, except as required by applicable laws.More information can be found on the Company's websitewww.gulfsands.com---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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