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Gulf Keystone moving to expand its oil exploration operations in Kurdistan
10/05/2012 - 3:33 pm | Readers: 26
Economic / Buratha News
Gulf Keystone plans to British Petroleum raise $ 200 million to finance its expansion in oil exploration and production in the Kurdistan Region.
The company said it will launch a convertible bond worth $ 200 million maturing in October 2017 an annual interest rate of between 5.875 percent and 6.625 percent.
She said she would use the money in a large project to develop oil discovery in franchise Sheikhan reached in August and to dig deeper levels there and explore nearby areas.
Todd said Kozhel CEO, according to Reuters quoted funding "shows the growing confidence of international markets to invest in Iraqi Kurdistan."
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10/05/2012 - 3:33 pm | Readers: 26
Economic / Buratha News
Gulf Keystone plans to British Petroleum raise $ 200 million to finance its expansion in oil exploration and production in the Kurdistan Region.
The company said it will launch a convertible bond worth $ 200 million maturing in October 2017 an annual interest rate of between 5.875 percent and 6.625 percent.
She said she would use the money in a large project to develop oil discovery in franchise Sheikhan reached in August and to dig deeper levels there and explore nearby areas.
Todd said Kozhel CEO, according to Reuters quoted funding "shows the growing confidence of international markets to invest in Iraqi Kurdistan."
[You must be registered and logged in to see this link.]
