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GKP.GB Gulf Keystone Petroleum

108.50
-4.50 (-3.98%)
19 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Gulf Keystone Petroleum AQSE:GKP.GB Aquis Stock Exchange Ordinary Share BMG4209G2077
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.50 -3.98% 108.50 98.00 119.00 113.00 111.00 111.00 0.00 16:29:59
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Gulf Keystone Petroleum Ltd. Shaikan Payment Update (8928Q)

05/12/2016 7:46am

UK Regulatory


Gulf Keystone Petroleum (AQSE:GKP.GB)
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TIDMGKP

RNS Number : 8928Q

Gulf Keystone Petroleum Ltd.

05 December 2016

Not for release, publication or distribution, directly or indirectly, in whole or in part in or into the United States or any jurisdiction other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws or regulations of such jurisdiction. This announcement (and the information contained herein) does not contain or constitute an offer to sell or the solicitation of an offer to purchase, nor shall there be any sale of securities in any jurisdiction where such offer, solicitation or sale would constitute a contravention of the relevant laws or regulations of such jurisdiction.

5 December 2016

Gulf Keystone Petroleum Ltd. (LSE: GKP)

("Gulf Keystone", "GKP" or "the Company")

Shaikan Payment Update

Gulf Keystone confirms today that a gross payment of $15.0 million has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil export sales in September 2016.

Gulf Keystone and the KRG's Ministry of Natural Resources ("MNR") continue to work towards agreeing the final form of the invoices for May through September 2016.

Following receipt of the payment, the Company's current cash position is $104.5 million.

Enquiries:

 
 Gulf Keystone Petroleum:       +44 (0) 20 7514 1400 
 Jón Ferrier, CEO 
 Sami Zouari, CFO 
 Anastasia Vvedenskaya, Head 
  of Investor Relations 
 
 Celicourt Communications:      +44(0) 20 7520 9266 
 Mark Antelme 
  Jimmy Lea 
 

or visit: www.gulfkeystone.com

Notes to Editors:

-- Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq and the operator of the Shaikan field with current production capacity of 40,000 barrels of oil per day

   --           Further information on Gulf Keystone is available on its website www.gulfkeystone.com 

Disclaimer

This announcement contains certain forward-looking statements. These statements are made by the Company's Directors in good faith based on the information available to them up to the time of their approval of this announcement but such statements should be treated with caution due to inherent uncertainties, including both economic and business factors, underlying such forward-looking information. This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed. This announcement should not be relied on by any other party or for any other purpose.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCAKQDDNBDBPBK

(END) Dow Jones Newswires

December 05, 2016 02:46 ET (07:46 GMT)

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