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Gulf Keystone Gets USD6 Million Payment From Kurdistan Government

Fri, 27th May 2016 10:05

LONDON (Alliance News) - Gulf Keystone Petroleum Ltd Friday said it has received USD6.0 million from the Kurdistan Regional Government for crude oil exports from the Shaikan field in Kurdistan in April 2016.

This is a partial payment of the invoiced amount, Gulf Keystone said, and the balance is expected shortly.

The company said it will make a further announcement "in due course."

Shares in Gulf Keystone were down 2.4% at 4.89 pence Friday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

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