Gulf Keystone Seeks Algeria Buyers to Focus on Iraq

Gulf Keystone‘s Legal and Commercial Director, Tony Peart, said the company is seeking a buyer for its 38 percent holding in Algeria’s HBH project, in addition to selling its 20 percent interest in the Akri Bijeel block in Iraqi Kurdistan.

“This is a strategic decision to sell because we want to focus on larger opportunities in Kurdistan,” he said in an interview at the Iraq 2011: Future Energy conference in Istanbul.

(Source: Bloomberg)

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