Kurdish oil player Gulf Keystone Petroleum said it wants to set up a commercial framework necessary to boost gross production by as much as 70 percent. The company, issuing guidance ahead of its full-year 2017 report, said its production expectations were met last year and it was looking to stimulate output from the high end of its guidance for 2018 to around 55,000 barrels of oil per day. CEO Jón Ferrier said it has the potential to eventually reach 100,000 bpd. “We are very pleased with the progress made to date on the commercial and operational matters to implement this and look forward to concluding commercial matters in the near future,” he said in a statement . In front-office […]