31st Jan 2023 07:26
Gulf Keystone Petroleum Ltd - Bermuda-based oil & gas exploration company - Says gross average production for 2022 amounts to 44,202 barrels of oil per day, in line with guidance. This is up from 43,440 bopd the year before. Gross average production in 2023-to-date is about 47,800 bopd, with the recent increase driven by "the gradual ramp up of SH-16," Gulf Keystone says. Expects 2022 net capital expenditure of USD115 million, which includes drilling costs of USD65 million, facilities and future well pad preparation costs of USD35 million, and intervention costs of USD15 million. Read More