OREANDA-NEWS. February 16, 2016. Gulfsands Petroleum Plc (Gulfsands or the Company), the AIM listed oil and gas exploration company (AIM:GPX) with activities in Syria, Morocco, Tunisia and Colombia, announces the publication and posting to Qualifying Shareholders today of a supplementary prospectus in connection with the Open Offer (Supplementary Prospectus), which is also available on the Companys website, www.gulfsands.com.

Publication of Supplementary Prospectus 

Further to its announcement on 5 January 2016 regarding the extension of the closing date for its Open Offer, Gulfsands Petroleum Plc (Gulfsands or the Company) announces the publication and posting to Qualifying Shareholders today of a supplementary prospectus in connection with the Open Offer (Supplementary Prospectus), which is also available on the Companys website, www.gulfsands.com.

The Supplementary Prospectus is supplemental to and must be read in conjunction with the Prospectus. In accordance with section 87Q(4) of FSMA, where a supplementary prospectus has been published and, prior to the publication, a person agreed to buy or subscribe for transferable securities to which it relates, he/she may withdraw his/her acceptance before the end of the period of two working days beginning with the first working day after the date on which the supplementary prospectus was published. Full details of withdrawal rights and how to exercise them is detailed in the Supplementary Prospectus.

Capitalised terms in this announcement are as defined in the Prospectus and the Supplementary Prospectus unless the context otherwise requires.