Gulf Keystone Petroleum Share News (GKP)

Monday broker round-up

(ShareCast News) - Gulf Keystone: Canaccord downgrades to sell with a target price of 14p. B&M European: UBS reiterates buy, 350p target. Ascential: Goldman Sachs reiterates buy with a target price of 278p and Exane BNP Paribas stays at neutral with a target price of 250p. Premaitha Health: Panmur

UPDATE: Gulf Keystone's Debt Uncertainty Casts Doubt Over Future

Gulf Keystone says finance deal unlikely in near term

(ShareCast News) - Gulf Keystone Petroleum was under pressure after it said the current low oil price environment and the political situation Iraq cast significant doubt on the group's ability to continue as a going concern, although it posted a narrower loss for 2015. The oil producer, which focuse

Gulf Keystone Stays In The Red But Expects Production Rise In 2016

GKP says still owed $178 mln by Iraqi Kurdistan

LONDON, March 17 (Reuters) - Gulf Keystone Petroleum said on Thursday it was still owed $178 million by the Iraqi Kurdistan Regional Government for oil exports and costs related to the Shaikan oil field. The oil producer reported a 2015 loss of $135 million versus a loss of $248 million a

Shrinking oil reserves crimp Iraqi Kurdistan's allure

* Genel, Afren slash reserves estimates in key fields * Wells hit water, revealing complex rock geology * Kurdistan region already facing political, security turmoil By Ron Bousso LONDON, March 10 (Reuters) - A string of downgrades to Iraqi Kurdistan's oil reserves is a fr

Gulf Keystone Confirms Government Payment For Oil Exports Out Of Iraq

Iraqi Kurdistan authorises $12m Gulf Keystone payment

(ShareCast News) - Gulf Keystone Petroleum said on Friday the Kurdistan Regional government has authorised a gross payment of $15m - $12m net - to the group for crude exports from the Shaikan field. The company said $5.8m was for oil exported in January, with $9.2m being paid towards the recovery of

Gulf Keystone says Iraqi Kurdistan authorises oil export payment

LONDON, Feb 19 (Reuters) - Gulf Keystone Petroleum said on Friday the Kurdistan Regional Government (KRG) had authorised a net payment of $12 million to the company for crude exports. The transaction, which is yet to complete, is part of the KRG's strategy announced this month to start pay

Gulf Keystone Gets Further Shaikan Crude Payment From Kurdistan

Oil firm DNO to raise investment, output at Iraqi Kurdistan field

By Stine Jacobsen OSLO, Feb 11 (Reuters) - Norwegian oil firm DNO International plans to increase production at its prize Tawke oilfield in Iraq's Kurdistan region, it said on Thursday, despite security challenges in the region and low crude prices. The firm plans to double its invest

Genel Secures Second Backpayment For Oil Exported Out Of Iraq

Genel Starts To Secure Backpayments From Kurdistan Regional Government

UPDATE: Gulf Keystone Ends Costly Saga After Exiting Akri-Bijeel Block

Gulf Keystone Says Operator Of Akri-Bijeel Has Relinquished Licence