GKP - Interim results to June 2010

Monday, Sep 13 2010 by
1

http://www.investegate.co.uk/article.aspx?id=201009130700065372S&fe=1

Not a holder myself but thought it'd be of interest to those who are or have been in the past.

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Gulf Keystone Petroleum Limited (Gulf Keystone) is a holding company, which is engaged in the oil and gas exploration and production. The Company operates in the Kurdistan Region of Iraq. It operates through segments, including Kurdistan Region of Iraq and United Kingdom. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks and the Erbil office, which provides support to the operations in Kurdistan. The United Kingdom segment provides geological, geophysical, engineering and corporate services to the Company. It operates in the Shaikan oil field. The Shaikan block is situated over 85 kilometers northwest of Erbil, covering an area of over 280 square kilometers. more »

LSE Price
224.5p
Change
0.5%
Mkt Cap (£m)
502.3
P/E (fwd)
7.9
Yield (fwd)
4.6



  Is LON:GKP fundamentally strong or weak? Find out More »


2 Posts on this Thread show/hide all

ohisay 17th Oct '10 1 of 2
2

Bit of a turn up .?!

http://www.ameinfo.com/245395.html

Gulf Keystone Petroleum, the Aim-quoted oil explorer, has raised $175m to accelerate its Iraq-based drilling programme in a surprise share placement, the Financial Times has reported. The placement, which has not yet been announced, was run by Mirabaud Securities and priced at 140p a share. Gulf Keystone's shares closed at 143½p on Friday. The money will be used for appraisal drilling on its showpiece Shaikan block as well as exploratory drilling on neighbouring concessions.

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emptyend 17th Oct '10 2 of 2

In reply to post #49386

According to Neil Hume at the FT this was done late Friday and will be announced tomorrow. I think he was surprised too  ;-)

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