(Adds analysts, background and quotes from chairman) Nov 10 (Reuters) - Shares in Norwegian oil company DNO surged on Thursday as it posted forecast-beating operating profit in the third quarter and guided for lower 2016 capital spending than expected by analysts. ** Q3 operating res
Read more* Taq Taq output fell to 58,600 bpd in third quarter * 2016 revenue to hit lower end of $200 mln to $230 mln guidance * Full-year production expected at bottom of range (Adds KRG payment for August oil sales from Taq Taq) By Karolin Schaps LONDON, Oct 26 (Reuters) - Gene
Read moreLONDON, Oct 13 (Reuters) - Gulf Keystone Petroleum has appointed two new board members following the completion of its debt-for-equity swap with bondholders, beefing up its leadership team as it shifts from survival to growth. The oil producer focused on Iraqi Kurdistan has appointed indus
Read more(ShareCast News) - Gulf Keystone Petrol announced it had completed its balance sheet restructuring. Under the scheme of arrangement announced on 14 July, which became effective on Thursday, the company converted over $500m of debt into equity, allowing it to lower its debt pile to $100m. The new sh
Read moreLONDON, Sept 29 (Reuters) - Gulf Keystone Petroleum, one of the foreign oil firms present in Iraqi Kursdistan, has received a long-awaited $15 million payment from the Kurdistan Regional Government (KRG) for oil sales in July, the company said on Thursday. This follows news from fellow prod
Read moreLONDON, Sept 28 (Reuters) - Genel, one of the main foreign oil producers in Iraqi Kurdistan, said on Wednesday the Kurdistan Regional Government (KRG) had paid partners in the Taq Taq field $23.37 million for oil sales made in July. The KRG, which had been paying foreign producers in monthl
Read more(ShareCast News) - Independent oil and gas exploration and production company Gulf Keystone Petroleum announced its results for the six months to 30 June on Thursday, with revenues of $102.1m recognised during the period, up significantly from $30.1m in the first half of 2015. The London-listed firm
Read moreBy Karolin Schaps LONDON, Sept 22 (Reuters) - Gulf Keystone Petroleum, an oil company focused on Iraqi Kurdistan, warned on Thursday that a lack of export payments from the regional government was preventing it from investing there. The oil producer has not been reimbursed for exports
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