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DFGO - Fri, 29 Dec 06 :

Spangle93, Madas

Spangle93 Page 13 confirms your post 21963.


Block 26 Exploration and Production Contract

Effective date
10th August 2003

Term
Exploration - upto 9 years [And 10 year Extension]

Parties
Syrian Arab Repulic and Syrian Petroleum Company [SPC]
Contractor Gulfsands Petroleum [50%] and Emerald Energy [50%]

Fiscal Terms
Royalty 12.5%
Cost recovery And shareing profit oil

Infrastructure
Access to Facilites and Pipeline.

now 31 Prospects not 27.

9 Cretacous Reservoir leads.

22 Palaeozoic Reservoir Leads.

Asterisk after name denote new prospect.

Souedieh Deep*, Hamzeh*, Hardar Deep*, Maghiouja Deep, Khirbah Deep, Nur Deep,
Al Barde deep, North Souedieh*, Sheik Mansour Deep, Tel Aswad South Deep*,
Tel Aswad west Deep, Noura, Strat-1, Al Bouab, Strat-2, Matiout, Tel Barak,
Tel Aswad Deep, Northwest Karatchok Deep, Karatchok Deep, South Al Ayan 2, Northwest Roumillian deep, North Roumillian, Sheik souiman Deep, Northwest Roumillian, Al BardeEast Deep,South Al Ayan-3, East Karatchok, Al Barde East Deep, South Al Ayan-1, East Karatchok Deep, Roumillian Deep.


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