Upbeat Gulf Keystone's high hopes of Shaikan
Thursday 13 September 2012
Related articles
Gulf Keystone Petroleum has offered upbeat news on its latest scheme, the development of the Shaikan oilfield in Iraqi Kurdistan. It reckons that the field could be pumping 150,000 barrels of oil by 2015 if all goes well.
In its half-year results statement yesterday, the company said that production will grow up to 30,000 to 40,000 barrels a day by mid-2013.
That helped distract attention from a tripling in first-half losses to $31.4m (£19.4m). Those came despite a surge in revenues to $15.5m from $1.6m and reflect a rise in costs and tax payments.
- 1 What, let gays get married? We must be bonkers
- 2 'Something passed underneath us, quite close': Airbus A320 has close encounter with UFO
- 3 Rocky Horror star Tim Curry 'suffers major stroke'
- 4 Lord of the Sings: Sir Christopher Lee, 91, to release heavy metal album
- 5 Exclusive: Woolwich killings suspect Michael Adebolajo was inspired by cleric banned from UK after urging followers to behead enemies of Islam
Get your summer started with British Military Fitness
BMF is the UK’s biggest and best loved outdoor fitness classes
Visit York
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Making reading fun for kids
Nook is donating eReaders to volunteers at high-need schools and participating in exclusive events throughout the campaign.
Introducing the 'Get Reading' campaign
Get the latest on The Evening Standard's campaign to get London's children reading.
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
Day In a Page
Johnny Marr talks relationships and reunions
In pictures: After the flood
Death becomes her: A very modern mortician
School of chop: Learning the art of butchery
The man who's eaten everywhere
A Berliner in 1963 – but did John F Kennedy once admire Adolf Hitler?


Comments