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  2. Share Prices
  3. Gulf Keystone Petroleum Share Price
  4. Gulf Keystone Petroleum Share News
  5. Kurdistan Government Makes Payments To Genel Energy And Gulf Keystone

Pin to quick picksGulf Keystone Petroleum Share News (GKP)

Gulf Keystone Petroleum Information

Share Price Information for Gulf Keystone Petroleum (GKP)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 137.40
Bid: 137.10
Ask: 137.70
Change: -4.70 (-3.31%)
Spread: 0.60 (0.438%)
Open: 139.20
High: 140.70
Low: 137.40
Prev. Close: 142.10
GKP Live PriceLast checked at -

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Kurdistan Government Makes Payments To Genel Energy And Gulf Keystone

Tue, 28th Jul 2020 11:02

(Alliance News) - Oil production companies Genel Energy PLC and Gulf Keystone Petroleum Ltd on Tuesday said they received payment from the Kurdistan regional government for June oil sales.

Genel said it has received USD9.8 million in payments. The London-headquartered company reported that the regional government paid the Taq Taq field partners a total of USD4.5 million, with Genel's net share accounting for GBP2.4 million of the payment.

Additionally, the Tawke field partners received a gross payment of GBP30.2 million, with Genel's share totalling GBP7.4 million.

Gulf Keystone said Kurdistan paid USD9.6 million for Shaikan crude oil sales in June, with USD7.6 million net to Gulf Keystone.

Genel shares were up 0.6% at 145.20 pence each on Tuesday morning in London, while Gulf Keystone was down 1.0% at 95.10p.

By Neetika Kurup; neetikakurup@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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