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UK group resumes pumping of Kurdish oilUK-listed oil exploration firm Gulf Keystone has restarted production in Kurdistan, ending a half-year hiatus since the regional government asked operators there to stop pumping, industry sources said. The company is now producing More… |
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Exxon mulls $10bn takeover of Gulf KeystoneUS oil major Exxon Mobil is mulling a 7 billion pound ($10.9 billion) takeover of Kurdistan-focused explorer Gulf Keystone Petroleum, the Independent on Sunday reported. The newspaper said that Exxon is considering making an estimated 800 More… |
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Gulf Keystone raises $49m to fund Algeria projectsGulf Keystone Petroleum said it has raised 25.1 million pounds ($49.8 million) by placing about 89.51 million shares at 28 pence each as part of its plans to fund its projects in Algeria and Kurdistan. Gulf Keystone Petroleum is an indepen More… |
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Gulf Keystone posts $29.5m lossGulf Keystone Petroleum Limited has reported a full-year pretax loss of $29.5 million. “2007 was a year of significant challenges for Gulf Keystone Petroleum from which I believe the Company has emerged both operationally and strategically More… |
