Syrian Operations Update

Emerald Energy and Gulfsands have today announced an operational update for Block 26 in Syria.

In summary, the progress looks very encouraging. The Gulfsands announcement contains more detail and can be found here:

http://www.advfn.com/p.php?pid=nmona&cb=1252476751&article=39378236&symbol=L%5EGPX

In short, the Khurbet East field delineation well, KHE-12 looks like it will have a positive impact on the mapped size of the field, and hence reserves.
Y-1 is going to produce.
Unclear if Y-2 is commercial but it is assisting in understanding of the Yousefieh geology.

Day by day, it is looking to me like the decision to sell Emerald @ 750p/share was made precipitately and that the price is too low.