Search results for ""Gulf Keystone""

Gulf Keystone (GKP) office in Erbil

Gulf Keystone: Statement Regarding Recent Media

Further to reports in the media this week, Gulf Keystone (GKP), operator of the Shaikan Field in the Kurdistan Region of Iraq, is today clarifying certain points regarding the marketing of Shaikan crude. Recent media does not correctly represent the views of the Company and its Executives. The inference is that the company does not know […]

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Shaikan PF-1 trucks, tankers (GKP)

Gulf Keystone gains following Trading Statement

Shares in Gulf Keystone Petroleum (GKP), operator of the Shaikan Field in the Kurdistan Region of Iraq, closed up 1.7 percent on Wednesday followingn a trading and operational update. This is in advance of the Company’s full year results for the period ended 31 December 2016 which will be announced on Thursday 6 April 2017. […]

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Shaikan PF-1 e (GKP)

Gulf Keystone, Shaikan Payment Update

Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $15.0 million has been received from the Kurdistan Regional Government (“KRG”) for Shaikan crude oil export sales in October 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 to […]

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Gulf Keystone HQ

Gulf Keystone names new COO

Gulf Keystone Petroleum (GKP) has announced that it has appointed Stuart Catterall as Chief Operating Officer (“COO”) and a member of the Executive and Leadership teams. Catterall will have responsibility for operational and technical activities within GKP, across the full spectrum of activities including procurement, budgeting and HSSE and will direct the execution of the […]

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Gulf Keystone (GKP) office in Erbil

Gulf Keystone Petroleum receives Shaikan Payment

Gulf Keystone Petroleum (GKP) confirmed 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 August 2016. Gulf Keystone and the KRG’s Ministry of Natural Resources (“MNR”) continue to work towards agreeing the final form of the May, June, July and […]

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Jón Ferrier, GKP

Gulf Keystone Petroleum: Half-Year Report

Gulf Keystone Petroleum (GKP) has announced its results for the six months ended 30 June 2016. Operational highlights Security situation and HSSE performance All operations in the Kurdistan Region of Iraq remain safe and secure with no significant HSSE incidents during the period Production and sales Strong production performance resulted in gross production of 6.0 […]

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Bijan Mossavar-Rahmani, DNO Exec Chairman

DNO Makes $300m Bid for Gulf Keystone

DNO ASA, the Norwegian oil and gas operator, this morning unveiled a proposal to acquire for USD 300 million all of the enlarged share capital in Gulf Keystone Petroleum Ltd following the latter’s contemplated financial restructuring announced earlier this month. The terms of the DNO proposal, which would comprise cash and shares, reflect a 20 […]

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Gulf Keystone (GKP) office in Erbil

Gulf Keystone Buys More Time

Gulf Keystone Petroleum (GKP) has confirmed that, further to the company’s announcement of 1 June 2016, that the Standstill Agreement with the Ad Hoc Committee of holders of Notes and Bonds has been extended until 1 July 2016. The signatories to the extension of the Standstill Agreement are the same as to the prior standstill. […]

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Jón Ferrier, GKP

Gulf Keystone receives Shaikan Payment

Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of US$15 million (US$12 million net to Gulf Keystone) has been received by the Company for Shaikan crude oil export sales. This payment satisfies the Company’s invoice for the month of December 2015 submitted to the Kurdistan Regional Government’s Ministry of Natural Resources (“MNR”). Following […]

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Gulf Keystone (GKP) office in Erbil

Gulf Keystone Appoints New Non-Executive Directors

Gulf Keystone Petroleum (GKP) has announced that Cuthbert (“Cuth”) McDowell and Keith Lough have been appointed to the Board as Non-Executive Directors with immediate effect. Jón Ferrier, CEO, has also been appointed to the Board with immediate effect. Cuth McDowell Having read Technological Economics at Stirling University, Cuth (59) began his career in 1979 at […]

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Gulf keystone, Shaikan 2, March 2011

Gulf Keystone Announce Shaikan Milestone

By Simon Kent. Gulf Keystone have announced that the Shaikan field in the Kurdish region of Iraq (KRI) has now exceeded 15 million barrels of commercial production. According to the company, this amounts to a daily average production in excess of 40,000 barrels of oil gross. The oil is trucked to the Turkish border before […]

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Gulf Keystone Losses Widen

Gulf Keystone Petroleum (GKP) this morning announced its results for the year ended 31 December 2014. HIGHLIGHTS Operational 2014 gross production of 6,484,391 barrels of oil (2013: 496,921 barrels of oil) with significant growth expected in 2015 Gulf Keystone’s operations in the Kurdistan Region remained secure with production operations and crude oil export deliveries from […]

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