Gulf Keystone: arrears on the government of Iraqi Kurdistan, $ 283 million (Dif-Source)
08.27.2015 at 11:41 (GMT Baghdad)
Said Gulf Keystone Petroleum, one of the few foreign oil production companies operating in the Kurdistan region of Iraq, Thursday, that the Government of the Territory city with the amount of $ 283 million for oil sales and other costs.
The company explained that it suffered a loss of $ 77.7 million in the first half of the year and that the liquidity balance of $ 63.9 million but will need more than half of this amount to repay their debts.
John Ferrier, chief executive of the company said in a statement: "Gulf Keystone is cautiously optimistic about the future."
The company said that it expected to achieve her field-level oil Shikan target for average production volume in the entire year, which ranges between 30 thousand and 34 thousand barrels Aumia.anthy / 29
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08.27.2015 at 11:41 (GMT Baghdad)
Said Gulf Keystone Petroleum, one of the few foreign oil production companies operating in the Kurdistan region of Iraq, Thursday, that the Government of the Territory city with the amount of $ 283 million for oil sales and other costs.
The company explained that it suffered a loss of $ 77.7 million in the first half of the year and that the liquidity balance of $ 63.9 million but will need more than half of this amount to repay their debts.
John Ferrier, chief executive of the company said in a statement: "Gulf Keystone is cautiously optimistic about the future."
The company said that it expected to achieve her field-level oil Shikan target for average production volume in the entire year, which ranges between 30 thousand and 34 thousand barrels Aumia.anthy / 29
[You must be registered and logged in to see this link.]