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MGYOY Mol Magyar Olay Es Gazipari Rt (PK)

3.98
0.07 (1.79%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mol Magyar Olay Es Gazipari Rt (PK) USOTC:MGYOY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.07 1.79% 3.98 3.71 4.10 3.99 3.88 3.89 12,929 21:10:15

Gulf Keystone Petroleum Paid $12 Million By Kurdistan Government

02/12/2015 12:39pm

Dow Jones News


Mol Magyar Olay Es Gazip... (PK) (USOTC:MGYOY)
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LONDON--Gulf Keystone Petroleum Ltd. (GKP.LN) said Wednesday it has received $12 million out of the $15 million paid by the Kurdistan government of Iraq for crude oil from the Shaikan oil field.

The payment satisfies the company's invoice for the month of November. Following the payment, the company's cash position will be $54.6 million.

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.

Shares at 1206 GMT trading 2.5% lower at 19 pence each.

 

Write to Tapan Panchal at tapan.panchal@wsj.com

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

December 02, 2015 07:24 ET (12:24 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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1 Year Mol Magyar Olay Es Gazip... (PK) Chart

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1 Month Mol Magyar Olay Es Gazip... (PK) Chart