More Kurdish oil possible, Gulf Keystone says

20 Sep 2017   Iraq

There’s enough cash flow to invest in efforts needed to increase the level of crude oil production from the Kurdish north of Iraq, Gulf Keystone Petroleum said. Gulf Keystone, which has headquarters in London, but a portfolio based in northern Iraq, in August reported total average gross production from its Shaikan oil field last year was at the upper range of its guidance. In an update on operations for the first six months of this year, CEO Jón Ferrier said work so far was in line with expectations, with gains likely in the latter half of the year. “Whilst continuing to maintain a rigorous and disciplined approach to its cost base, Gulf Keystone remains […]

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