Gulf Keystone delays bond interest payment, shares diveOil producer Gulf Keystone Petroleum said on Thursday it would have to make use of a grace period for an upcoming bond interest payment, sending its shares down as much as 35 percent. The company, whose main as More… |
Gulf Keystone says reserves more than double at Shaikan oilfieldGulf Keystone Petroleum (GKP) said an independent report found that the reserves at a key oilfield in Iraqi Kurdistan were more than double the previous estimate, potentially helping the oil producer develop the field at lower costs. More… |
Exploration begins at Hassi Ba Hamou wellThe drilling at second Hassi Ba Hamou exploration well in Algeria has begun, it has been revealed. Algerian oil company Sonatrach, BG Group and Gulf Keystone Petroleum are working on the Hassi Ba Hamou Perimeter (HBH Permit), which covers More… |
Algeria apporves development of oil fieldsAlgeria’s Sonatrach and its ally Gulf Keystone Petroleum have won approval for the development of two oil fields from the Hydrocarbon National Agency (Alnaft). They said Alnaft has approved the proposed Development Plan for the G More… |