Gulf Keystone achieves key milestones as oil producer
When Gulf Keystone Petroleum announced it had postponed the release of its interim statement because of “constructive discussions”, investors were hopeful
And over the subsequent months there have been several breakthroughs that are finally shifting Gulf Keystone from being an oil explorer to a significant producer. Gulf Keystone was one of the first independent explorers to see the potential of the Kurdish region post-Saddam Hussein, and over the last six years has emerged as one of the most active operators in the semi-autonomous region. However, the past year has been a difficult one for the London-listed company, as the deteriorating security situation in Iraq forced it to evacuate its staff in August and the share price fell precipitously from £1.88 ($2.86) at the beginning of 2014 to a low of £0.42 by mid-October. Staff returned to Kurd
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