Tag Archives | Shaikan-3

Gulf Keystone Update on Kurdistan Operations

Gulf Keystone Petroleum provided an update on its operations in the Kurdistan Region of Iraq this morning. The shares are down 3% in early trading, but have more than doubled in the past three months, partly on rumours of a take-over. Shaikan Long Term Test Facilities The recently constructed production test facilities near the location […]

Gulf Keystone Starts Drilling at Shaikan-3

Gulf Keystone (LSE: GKP), the Kurdistan-focused oil explorer widely rumoured to be a takeover target, has announced the commencement of drilling operations on its Shaikan-3 appraisal well, effective September 2, 2010. This is a shallow appraisal well, very close to the Shaikan-1 well, the site of last year's discovery of the giant Shaikan oil field. […]