Plans outlined in agreements with the Kurdish government and Hungarian partners could boost Kurdish oil output by more than 50 percent, Gulf Keystone said. The company said Friday it reached an agreement with the Kurdish Ministry of Natural Resources and MOL Hungarian Oil & Gas to invest enough in northern Iraqi oil plays to boost gross production capacity to 55,000 barrels of oil per day within the next year or so. Gulf Keystone said capital spending would be around $91 million, with a net $73 million to the company. “We are very pleased with the progress we have made in recent months on key commercial and operational matters and are delighted that Gulf Keystone is now back to investment […]