Gulf Keystone Petroleum Limited (GUKYF)

Profile

https://www.gulfkeystone.com

Gulf Keystone Petroleum Limited is an independent oil and gas exploration and production company operating in the Kurdistan Region of Iraq. It serves as the operator of the Shaikan Field, one of the largest oil developments in the region, holding an 80% working interest in the production sharing contract for this block located approximately 60km northwest of Erbil. The company focuses on driving sustainable and profitable production growth from the Shaikan Field, which features low-cost operations and substantial reserves, while balancing investment in field development with shareholder distributions. Current activities include producing and selling Shaikan crude oil to both export pipelines and the local Kurdistan market, with capabilities for water handling facilities and ongoing production ramp-ups in response to market demand. Gulf Keystone Petroleum Limited emphasizes health, safety, and environmental best practices, maintaining a robust balance sheet and operational discipline. Registered in Bermuda with offices in Erbil and London, the company plays a key role in the region's energy sector by responsibly developing natural hydrocarbon resources for stakeholders.