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GKP Gulf Keystone Petroleum Ltd

112.20
-0.80 (-0.71%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gulf Keystone Petroleum Ltd LSE:GKP London Ordinary Share BMG4209G2077 COM SHS USD1.00 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -0.71% 112.20 112.00 113.00 113.70 109.50 113.30 1,083,737 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 123.51M -11.5M -0.0517 -21.72 249.8M

Gulf Keystone Petroleum Paid $12 Million By Kurdistan Government

06/01/2016 7:55am

Dow Jones News


Gulf Keystone Petroleum (LSE:GKP)
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From Apr 2019 to Apr 2024

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By Alex MacDonald

 

LONDON--Gulf Keystone Petroleum Ltd. (GFKSY) said Wednesday that it has received $12 million out of the $15 million paid by the Kurdistan regional government of Iraq for December crude oil exports from the Shaikan field.

This marks the fourth consecutive gross payment for crude oil exports from the Shaikan field since announcing in August that it would resume back payments for oil exports from the region.

Gulf Keystone is the field operator with a 75% stake while MOL Hungarian Oil and Gas PLC (MOL.BU) has a 20% stake and Texas Keystone Inc. a 5% stake.

Following the payment, the Gulf Keystone's current cash position is $58.4 million.

 

Write to Alex MacDonald at alex.macdonald@wsj.com

 

(END) Dow Jones Newswires

January 06, 2016 02:40 ET (07:40 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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