Fri, 01st Mar 2019 08:40
LONDON (Alliance News) - Gulf Keystone Petroleum Ltd said Friday it received a USD20.3 million payment for November 2018 oil sales from the Kurdistan regional government for Shaikan in Iraq.
Gulf Keystone said the USD20.3 million gross payment will results in net proceeds of USD15.9 million for the company.
In 2017, Guld Keystone reported USD14.1 million pretax profit on revenue of USD172.4 million.
Shares in Gulf Keystone were 0.9% higher at 230.50 pence on Friday.
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Gulf Keystone Petroleum (GKP)