GFKSY Gulf Keystone Pete Ltd (PK)

0.47105

0.00 (0.00%)

19 Jul 2024 - Closed

Delayed by 15 minutes

Name	Symbol	Market	Type
Gulf Keystone Pete Ltd (PK)	USOTC:GFKSY	OTCMarkets	Depository Receipt

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	0.47105	0.38	0.605				0.00	01:00:00

MOL Starts Early Production in Akri Bijeel Block in Iraq

13/03/2014 10:45am

Dow Jones News

Gulf Keystone Pete (PK) (USOTC:GFKSY)
Historical Stock Chart

From Jul 2019 to Jul 2024

Click Here for more Gulf Keystone Pete (PK) Charts.

BUDAPEST--Hungary's largest oil and gas firm MOL Nyrt. (MOL.BU) has started early production from the Akri Bijeel Block in the Kurdistan region of Iraq, it announced in a stock exchange filing Thursday.

MAIN FACTS:

- Early production through the Bijell-1B well is around 3,500 barrel per day.

- "Promising" test results are also coming from the Bijell-2 well, MOL said. This well is planned to be tied in to the Extended Well Test (EWT) facility by the end of August.

- Drilling of the Bijell-4 well is ongoing, while the spud of Bijell-6 well is expected in March. Both are planned to be tied in to the EWT by year-end.

- MOL is the operator of the block with a 80% stake, and Gulf keystone Petroleum International Ltd. (GKP.LN) owns the remaining 20%.

- MOL was trading up 0.7% Thursday before noon, at HUF12,635.

Write to Veronika Gulyas at veronika.gulyas@wsj.com