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News Releases
| | January 14, 2008 News Release
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| | Gulf Shores (UK) Limited, a wholly owned UK subsidiary of Gulf Shores Resources Ltd. has been advised by Petro-Canada UK Limited, the Operator of the North Sea 15/18a-Maria project, that the Global SantaFe Arctic III semi-submersible rig is expected to commence drilling operations by January 20, 2008.
Gulf Shores will pay 11.11% of the cost to drill and, if required, conduct DST operations to earn an 8.33% interest in Licence P 233, Block 15/18a. The Company has identified three additional prospects/leads in the block that require new 3D seismic to mature to drill ready status.
ON BEHALF OF THE BOARD
"MICHAEL TURKO"
Michael Turko
President
For further information, please contact Mr. Gerald Otterman at (604) 683-3309.
Email: gulfshores@net-conex.com; www.gulfshoresresources.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. |
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| | You can view the Next News Releases item: Tue Jan 29, 2008, GULF SHORES SPUDS NORTH SEA QUAD 15/18a
You can view the Previous News Releases item: Thu Jan 10, 2008, UPDATE ON PETRO - CANADA PROJECT
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