Gulf Keystone to Sell 20% stake in Akri-Bijeel Block

Source: www.gulfoilandgas.com 9/14/2011, Location: Middle East

Gulf Keystone Petroleum Ltd. has made a strategic decision to rationalize its asset portfolio and is to seek a buyer for its 20% interest in the Akri-Bijeel block. This decision will facilitate an increased focus on the ambitious programme of appraisal and Extended Well Test production at Shaikan and the Shaikan pipeline project, as well as on the exploration and appraisal of Sheikh Adi and the drilling of the first exploration well on Ber Bahr.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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