One must be hopeful8 Jan 2023 11:37
Gulf Keystone Petroleum Ltd - Bermuda-based oil & gas exploration company - Chair Jaap Huijskes announces he will retire from the board and not seek re-election at the annual general meeting in 2023. The company's 2022 AGM was held in June. Meanwhile, says current production of 44,400 barrels of oil per day, higher than 44,100 average production in 2022 year to date. Says production expected to be at lower end of 44,000 to 47,000 range for 2022. Adds that SH-16 well brought online on schedule and budget. Expects production at the well to "further ramp up" in the first quarter of 2023. Further plans to drill SH-P, with targeted start up in the second quarter of 2023.