IN BRIEF: Gulf Keystone receives payment from Kurdistan Government

Tue, 04th Jan 2022 10:08

Gulf Keystone Petroleum Ltd - Bermuda-based oil and gas exploration company operating in Iraq - Receives USD89.0 million from the Kurdistan Regional Government for the combined September and October crude oil sales in addition to arrears payments relating to December 2019 and February 2020 invoices. The current outstanding arrears balance is now USD28.6 million related to the January and February 2020 invoices.

Current stock price: 187.60 pence, up 4.6% in London on Tuesday

By Heather Rydings; heatherrydings@alliancenews.com

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