Gulfsands Petroleum reveals disappointing Tunisia well test results

Gulfsands_Petroleum_comGulfsands Petroleum has revealed that results from flow tests on the Sidi Dhaher well in Tunisia showed no quantities of oil and the company will review all test data before conducting any further work on the structure

Gulfsands said that despite good flow rates from the two reservoir zones and substantial amounts of fluids being produced from the upper reservoir zone at Sidi Dhaher, the fluids did not contain any oil.

Following the drilling out of the safety plug within the previously suspended well, two separate intervals within the Bireno Formation have been perforated and flow tested. The initial interpretation from the well site was that the fluid was a mixture of spent acid, drilling mud filtrate and formation water.

The well will now be plugged and abandoned, and the test data will be studied before Gulfsands decides if any further work will be carried out on the Sidi Dhaher structure.

ADX Energy Limited is the operator of the Chorbane licence in Tunisia where Sidi Dhaher is located. Gulfsands has a 40 per cent interest in Chorbane and can become the operator in the event of a commercial discovery.

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