Commodities
Gulf Keystone Petroleum CEO expects gross output in Iraqi Kurdistan's Shaikan oilfield to increase to over 90k BPD from about 45k BPD by 2030 if drilling commences next year
StockNow breaking-news AI analysis
The report describes a conditional Shaikan production target, higher working-interest production from the Shamaran merger, a Hamrin resource estimate, and anticipated Iraq opportunities.
News detail
Merger with Shamaran Petroleum to double Gulf Keystone's working interest production to 53k BPD of oil, up from 28k BPD. Hamrin oil field in Iraq estimated to have about 7bln bbls of oil in place, of which 10-15%, or 0.5-1bln bbls, is recoverable CEO expects there to be other opportunities in Iraq, which company will take on Merit
What do investors think?
Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactionsStockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.