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IN BRIEF: Gulf Keystone receives USD38 million for Iraqi oil sales

4th Mar 2022 09:41

Gulf Keystone Petroleum Ltd - Bermuda-based oil and gas exploration company operating in Iraq - Receives net payment of USD38.4 million from the Kurdistan Regional government for Shaikan crude oil sales during November, in addition to USD6.7 million in arrears from the outstanding invoices for January and February 2020.

The current outstanding arrears balance is USD21.9 million net to Gulf Keystone.

Current stock price: 212.51 pence

12-month change: up 21%

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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