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Gulf Keystone Receives USD22 Million For October Shaikan Oil Sales

21st Jan 2019 08:41

LONDON (Alliance News) - Gulf Keystone Petroleum Ltd said on Monday it has received a net payment of USD22.9 million from the Kurdistan regional government in Iraq for crude oil sales during October 2018.

The Kurdistan government made a gross payment of USD27.1 million for oil sales from the Shaikan field during the month, Gulf Keystone said.

On Wednesday last week, Gulf Keystone had reported that the Shaikan field's average gross production for 2018 was 31,563 barrels per day, in line with its guidance range of between 27,000 and 32,000 bopd.

Shares in Gulf Keystone were up 2.2% at 230.00 pence on Monday.


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Gulf Keystone Petroleum
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