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Gulf Keystone Petroleum shares advance 10 pct after Shaikan-4 results;...

The market’s reaction was positive to Gulf Keystone’s (LON:GKP) latest drilling update as the shares surged 10 per cent in afternoon trade.Earlier, the Kurdistan-focused explorer revealed that its...

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Gulf Keystone Petroleum: Shaikan 6 finds deepest oil so far

Gulf Keystone Petroleum (LON:GKP) today revealed further progress with its major appraisal campaign on the Shaikan oil discovery in the Kurdistan region of northern Iraq. This update comes after the...

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Gulf Keystone Petroleum shares advance on latest Shaikan appraisal results -...

---Adds share price details and analyst comment--- Gulf Keystone Petroleum (LON:GKP) shares today advanced around 5 per cent as its latest appraisal results buoyed investors. It revealed this morning...

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Gulf Keystone Petroleum: FoxDavies reiterates 'buy' rating

  City firm FoxDavies has reiterated its 'buy' stance on oil company Gulf Keystone Petroleum (LON:GKP) following an analysts site visit. The broker points out there is "little doubt" that the company's...

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Gulf Keystone Petroleum says no plans for institutional fundraising

Gulf Keystone Petroleum (LON:GKP) hit back today at “unfounded speculation” it is planning a cash call. “Due to the damaging and misleading nature of these various comments which have been posted on...

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Gulf Keystone Petroleum says no plans for institutional fundraising - UPDATE

----ADDS BROKER COMMENT ON AKRI-BIJEEL---- Shares in Gulf Keystone Petroleum (LON:GKP) rose 10 per cent in morning trade as it hit back at “unfounded speculation” it is planning a cash call. GKP also...

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Gulf Keystone says drilling has begun on the Sheikh Adi-2 well

  Gulf Keystone Petroleum (LON:GKP) said this morning work on the Sheikh Adi-2 well had begun. Some 1.45 kilometres north of the first well on the block it will be drilled to a depth of 2,450 metres...

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Gulf Keystone Petroleum says 2012 looks to be another "fantastic year"

Gulf Keystone Petroleum (LON:GKP) said 2012 looked to be another "fantastic" year for the firm, as it continues in its bid to become a leading operator in the Kurdistan region of Iraq.It comes after...

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Gulf Keystone shares rise with focus on Shaikan development plans

Gulf Keystone Petroleum (LON:GKP) shares gained just over 2 per cent today as investors focused on the group’s plans to develop the giant Shaikan oil field. This morning Gulf Keystone told investors...

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Gulf Keystone: Ber Bahr well finds oil column but more tests needed

Genel Energy (LON:GENL) and Gulf Keystone (LON:GKP) today revealed the initial findings of the hotly anticipated Ber Bahr 1 exploration well in Kurdistan. The well encountered a 300 metre oil column...

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Gulf Keystone Petroleum: Shaikan is just the start, says Daniel Stewart

Gulf Keystone Petroleum (LON:GKP) has a "vast" prospective resource base and a leading position in one of the most exciting petroleum provinces, says broker Daniel Stewart, which has started covering...

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Gulf Keystone says Shaikan-5 confirms "massively prolific nature" of block's...

  Gulf Keystone (LON:GKP) chief operating officer  John Gerstenlauer said preliminary results from its latest well on the Shaikan block in Kurdistan confirm the “massively prolific nature” of the...

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UPDATE: Gulf Keystone says Shaikan-5 confirms “massively prolific nature” of...

--Adds broker comment and share price-- Gulf Keystone's (LON:GKP) Shaikan block in Kurdistan has a “high degree" of upside potential yet to be determined, reckons broker Seymour Pierce. The company...

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Gulf Keystone's upgraded equipment is key to production ramp-up, says broker

The arrival of new infrastructure is key to the ramp-up of production at Gulf Keystone Petroleum (LON:GKP), says broker Peel Hunt, which retains its 'buy' stance on the stock and 247 pence a share...

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Gulf Keystone Petroleum: Non-exec director Lord Truscott steps down

  Gulf Keystone Petroleum (LON:GKP) said non- executive director of the company Lord Truscott had decided to step down. The board member, who has served for four years, stepped down with effect from...

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UPDATE: Gulf Keystone Petroleum unveils fourth major upgrade to Shaikan; says...

---Adds share price and broker comment--- Shares in Gulf Keystone Petroleum (LON:GKP) were lifted this morning after the firm unveiled a further significant increase in the estimated potential of its...

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Gulf Keystone: Drilling starts on Gulak well in Akri Bijeel block

Gulf Keystone Petroleum (LON:GKP) today told investors that drilling has begun on the Gulak exploration well in the Akri Bijeel block, in the Kurdistan region of Northern Iraq. The company has...

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More to come from Gulf Keystone Petroleum - Edison

  Further increases in resources for Kurdistan-focused Gulf Keystone Petroleum (LON:GKP) would not be a surprise to Edison Investment, which called the oil and gas firm “an emerging giant”. The AIM...

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Kurdistan resumption likely to provide only short term respite, says Credit...

The resumption of oil exports by the Kurdistan Regional Government is likely to provide only “short-term respite” to the current supply problems in Iraq, according to heavyweight City broker Credit...

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Gulf Keystone reaches a major milestone as it submits a declaration of...

Gulf Keystone (LON:GKP) said this morning it had reached a “major milestone” in the development of the Shaikan oil block in Kurdistan by submitting a formal Declaration of Commercial Discovery to the...

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Gulf Keystone’s premier position not reflected in share price says broker.

  Gulf Keystone (LON:GKP) has one of the best positions in oil rich north-west Kurdistan and is worth at least 315 pence per share, according to broker WH Ireland. Gulf Keystone’s sweet spot is the...

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Wall of oil on the way from Kurdistan says research house

  Kurdistan’s oil sector may have crossed the tipping point with a wall of crude set to flow from the region, according to research house Edison. Previously the objections to investing in Kurdistan...

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Gulf Keystone Petroleum court judgment could take more than three months

Gulf Keystone Petroleum (LON:GKP) has updated shareholders on its legal battle with Excalibur Ventures after the English Commercial Court made some rulings in the case on Friday.On 15 February 2013 the...

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Gulf Keystone Petroleum has a new discovery

Gulf Keystone Petroleum (LON:GKP) has announced a new discovery in the Kurdistan region of Iraq. The company pointed to an update by MOL Hungarian Oil and Gas, the operator of the Akri-Bijeel block, in...

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UPDATE: Gulf Keystone Petroleum has new discovery

-- Adds broker comment -- Gulf Keystone Petroleum (LON:GKP) has announced a new discovery in the Kurdistan region of Iraq. The company pointed to an update by MOL Hungarian Oil and Gas, the operator of...

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Gulf Keystone’s Todd Kozel to step down as chairman

Gulf Keystone (LON:GKP) told investors that chairman and chief executive Todd Kozel is to split his roles. The company said it will now look to appoint a new independent non-executive chairman. It will...

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Gulf Keystone Petroleum appoints a fifth independent director

Gulf Keystone Petroleum (LON:GKP) has added another independent director to its ranks as it beefs up independent oversight under new chairman Simon Murray. The company said new non-executive director...

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Gulf Keystone shares to be suspended ahead of Tuesday's court judgement

Gulf Keystone (LON:GKP) will suspend trading of its shares on Tuesday (Sept 10), the same day that the English Commercial Court in London is expected to give its judgement on the clAIM by Excalibur...

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UPDATE - Gulf Keystone wins crucial court case

--adds share price-- Gulf Keystone Petroleum (LON:GKP) shares shot up over 20% after it came out on top in its long and well-documented court case with Excalibur Ventures. In a packed courtroom at the...

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Gulf Keystone Petroleum needs to raise US$700mln – Canaccord

Gulf Keystone Petroleum (LON:GKP) needs to raise about US$700mln in the coming years as it focuses on the development of the giant Shaikan field, according to City firm Canaccord Genuity. Investors are...

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