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IN BRIEF: Gulf Keystone receives USD16.5 million top-up payment

9th Nov 2026 11:43

Gulf Keystone Petroleum Ltd - Kurdistan-focused oil and gas exploration and production company - Receives first top-up cargo payment of USD16.5 million net, reconciling export sales between September and December 2025 to international prices. The payment recovers more than half of the USD31.3 million outstanding receivable for the period. The company says it expects to receive full payment for the remaining cargoes, lifted in October, by the end of November. Following the transaction, GKP's cash balance stands at USD66.0 million as at Friday.

Current stock price: 190.00 pence

12-month change: up 8.7%

By Niall Holden, Alliance News reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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