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Gulf Keystone Petroleum Share News (GKP)



Share News for Gulf Keystone Petroleum (GKP)


Share Price: 37.25Bid: 37.25Ask: 37.50Change: 0.00 (0.00%)No Movement on Gulf Keystone
Spread: 0.25Spread as %: 0.67%Open: 36.75High: 38.00Low: 35.75Yesterday’s Close: 37.25




UPDATE 1-Gulf Keystone finds more oil at Kurdistan block

Wed, 5th Jan 2011 08:14

LONDON, Jan 5 (Reuters) - Explorer Gulf Keystone Petroleum said on Wednesd
ay it had found substantial volumes of oil at its licence in the Kurdistan region of Iraq, at shallower depths than a previous large discovery.

Gulf Keystone estimated it had found 220 million barrels of probable oil reserves at a well drilled to test the shallower Cretaceous zones, near the large Shaikan discovery it made at greater depths in 2009.

'The Cretaceous resources evaluated by the Shaikan-3 well are massive by any standard. They represent a significant oil resource for Kurdistan and Iraq,' said Chief Operating Officer John Gerstenlauer in a statement.

Under the 'possible reserves' measurement - oil which has a 10 percent certainty of being produced - there could be 2.2 billion barrels of oil in place at the shallower levels of Shaikan, the company said.

Gulf Keystone, which has a 75 percent stake in the block, said the well would now be converted to produce oil from the deeper geological zones while it worked on a plan to develop the shallower resources.

The company is currently contesting claims made against it by Excalibur Ventures over an interest of up to 30 percent in its Kurdistan blocks.

(Reporting by Sarah Young; Editing by Rosalba O'Brien) Keywords: GULF KEYSTONE/

(sarah.young@thomsonreuters.com; +44 207 542 7717; Reuters Messaging: sarah.young.thomsonreuters@reuters.net)

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Gulf Keystone considering equity raise, expects oil field impairment

LONDON, March 12 (Reuters) - Iraqi Kurdistan-focused oil producer Gulf Keystone Petroleum said it was considering raising equity to gain additional fu
[12 Mar '15]

UPDATE 2-Gulf Keystone says in preliminary talks over potential sale

* Says in talks over possible sale, some asset transactions* Discussions at preliminary stage* Shares rise as much as 73 pct, top percentage gainer on
[25 Feb '15]

UPDATE 1-Gulf Keystone says in preliminary talks over potential sale

(Adds detail, background, share movement)Feb 25 (Reuters) - Oil producer Gulf Keystone Petroleum Ltd , battered by a slump in oil prices, said it was
[25 Feb '15]

UK's Gulf Keystone says in preliminary talks over potential sale

Feb 25 (Reuters) - Oil producer Gulf Keystone Petroleum Ltd , battered by a slump in oil prices, said it was in talks with a number of parties about a
[25 Feb '15]

UK's Gulf Keystone Petroleum eyes potential sale - Sky News

Feb 25 (Reuters) - Gulf Keystone Petroleum Ltd, a foreign oil producer in Iraqi Kurdistan, is exploring a potential sale amid lengthy talks with the K
[25 Feb '15]

MEDIA-Oil group Gulf Keystone to signal sale talks - Sky News

-- Source link: (http://bit.ly/1afU3bQ)-- Note: Reuters has not verified this story and does not vouch for its accuracy
[25 Feb '15]

UPDATE 2-Iraqi Kurdistan oil firms go domestic amid dearth of export pay

(Recasts to include other oil firms; adds details, updates share prices)LONDON, Feb 6 (Reuters) - Oil producers in Iraqi Kurdistan, including Gulf Key
[6 Feb '15]

BUZZ-Gulf Keystone Petroleum: Suspends exports from Iraqi Kurdistan

** The oil producer's shares slid as much 17.6 pct after it said it has suspended oil exports from its assets in Iraqi Kurdistan** Gulf Keystone stopp
[6 Feb '15]



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