Gulf Keystone Petroleum ( (GB:GKP) ) has shared an update.
Gulf Keystone Petroleum Ltd. has released its report on payments to governments for the year 2024, detailing the financial transactions made to the Kurdistan Regional Government (KRG) under the Shaikan Production Sharing Contract. The report highlights that the company made significant in-kind payments, including production entitlements and royalties, amounting to a total of $175,080,000. These payments reflect the company’s ongoing commitment to transparency and compliance with UK regulations. Additionally, Gulf Keystone has contributed to local community support initiatives, enhancing its operational impact and stakeholder relations in the region.
More about Gulf Keystone Petroleum
Gulf Keystone Petroleum Ltd. is a leading independent operator and producer in the Kurdistan Region of Iraq, primarily involved in the exploration, development, and extraction of oil and gas. The company is listed on the London Stock Exchange and focuses on the Shaikan Field, where it operates under a Production Sharing Contract with the Kurdistan Regional Government.
YTD Price Performance: 32.55%
Average Trading Volume: 757,718
Technical Sentiment Signal: Sell
Current Market Cap: £420.8M
For an in-depth examination of GKP stock, go to TipRanks’ Stock Analysis page.