Iraqi-focused energy company Gulf Keystone Petroleum said its operations may start to decline without a focus on capital spending. Photo courtesy of Gulf Keystone Petroleum LONDON, April 14 (UPI) — Northern Iraqi oil player Gulf Keystone Petroleum said Thursday it was looking for a cash infusion in order to keep its production levels steady. The company warned that, without additional capital spending , the output from its Shaikan oil field in the Kurdish north of Iraq would start to experience natural declines as early as this year. With cash paid of the Kurdish government for oil exports, the company said it was still short on the capital needed to keep production steady. “We are working to achieve the best possible way to restructure our balance sheet,” CEO Jon Ferrier said in a statement.” Addressing our funding needs will ensure the company’s longer term future and ability to continue developing […]