26th Apr 2019 08:38
LONDON (Alliance News) - Gulf Keystone Petroleum Ltd said Friday it has received a USD14.7 million payment for January oil sales from the Kurdistan regional government for the Shaikan field in Iraq.
Gulf Keystone said the USD14.7 million gross payment will results in net proceeds of USD11.5 million for the company.
In 2018, Gulf Keystone reported USD79.7 million pretax profit on revenue of USD250.6 million.
Shares in Gulf Keystone were 1.3% lower at 265.98 pence on Friday.
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