The American – the British GulfSands Company begins in the next few days the process of pumping oil from the initial rate of 10 thousand barrels per day of Khorepett field in northeast Syria.

The British newspaper Sunday Telegraph, said that it is expected to increase pumping operations from that field to 40 thousand barrels a day within the next 18 months.
Mahdi Sajjad chairman of Gulf Sands in Syria said, ” we with our partners invested 30 million £. to begin initial production process, and we expect to invest 30 to 40 million £.of additional completion of the development field is full.”
He added: “we are proud to be one of the few British companies operating in Syria.”
Sajjad said that “Syria production of between 350 to 360 thousand barrels a day,” adding that “if the increase in the quantity of production, this would constitute a rate of 10% of the production Syrian, and this will be very important for Syria and us.”
He said in previous statements that the company dug in three wells.. Within the conditions laid by the Ministry of Oil and Mineral Resources and the Syrian Oil Company.. has been obtained positive results indicate the presence of commercial quantities in Blocks 26, which is located in an area north-east of Qamishli Syria.
It is noteworthy that the recent nomination of Mohamed Karim Chairman of the Board of Directors of the Dejlah Petroleum, a joint venture between Syrian Oil Company and Gulf Sands , after the company obtained on a commercial discovery in the sector, which explore it.
Gulf Sands at the beginning of this year signed an agreement with the Cham Holding Company for investments in oil and energy in Syria and Iraq as part of a broad plan includes drilling in large areas inside Syria in addition to digging in Syrian territorial waters, which looks to Gulf Sands also in the plan Work in Syria.
It also announced that “Gulf Sands Petroleum” has recently also relinquished two of its American senior executives, including Chief Executive John Dorer.
the company indicated that it was moving its head office from the United States of America to London.