Scandoil  

Gulf Keystone Petroleum receives two payments in two months


Published Oct 16, 2015
Gulf Keystone Petroleum

Gulf Keystone Petroleum (GKP) gets much-needed revenues and a second payment starts to give Kurdistan companies (and investors) a taste that these payments could be the start of regular, reliable cash flows. We note Genel and DNO have yet to announce payments themselves, but would be surprised not to see these in the near future.

Two swallows do not make a summer, but once confidence in the payments (for current and historic production) is high, the Kurdistan companies will be able to fund further development in their assets, whether that is offsetting potential declines (Taq Taq/Tawke) or increasing production (Shaikan), or investing in new capacity (Sheikh Adi, Ber Bahr, Peskabir, Chia Surkh).

Tags: Gulf Keystone Petroleum




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml