Statement re Additional Listing

Immediate Release   23 July 2010



                            Gulfsands Petroleum plc

                               Additional Listing


Gulfsands  Petroleum plc ("Gulfsands" or the  "Company") has made an application
for  the admission  of 125,000 shares  to be  admitted to  trading on  AIM.  The
shares  have  been  issued  pursuant  to  the exercise of options.  Dealings are
expected  to  commence  on  29 July  2010.  The  total number of shares in issue
following exercise of these options is 121,177,500 ordinary shares.

For more information please contact:

Gulfsands Petroleum (London)                                 [phone]

Richard Malcolm, Chief Executive Officer
Kenneth Judge, Director of Corporate Development &
Communications



Buchanan Communications Limited (London)                     [phone]

Bobby Morse
Ben Romney
Chris McMahon



RBC Capital Markets (London)                                 [phone]

Josh Critchley
Matthew Coakes
Martin Eales

ABOUT GULFSANDS:

Gulfsands  is listed on the  AIM market of the  London Stock Exchange.  For more
information please visit the Company's website at www.gulfsands.com




[HUG#1433793]








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
		
Source: Gulfsands Petroleum PLC via Thomson Reuters ONE