Gulf Shores Resources Ltd.: News Release
* Reuters is not responsible for the content in this press release.
VANCOUVER, BRITISH COLUMBIA, Jan 15 (MARKET WIRE) --
Gulf Shores (UK) Limited, a wholly owned UK subsidiary of Gulf Shores
Resources Ltd. (TSX VENTURE: GUL)(FRANKFURT: GFU) 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, President
TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT
ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Contacts:
Gulf Shores Resources Ltd.
Mr. Gerald Otterman
(604) 683-3309 or Toll Free: 1-866-292-2601
(604) 844-2834 (FAX)
Email: gulfshores@net-conex.com
Website: www.gulfshoresresources.com
Copyright 2008, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters