
BUZZ-Gulf Keystone Petroleum, Genel Energy rise on Kurdish crude export resumption

UK-listed Kurdish oil producer Gulf Keystone Petroleum (GKP.L) rises 4.32% to 217.5p, highest since October 2022Kurdistan-focused oil firm Genel Energy (GENL.L) gains as much as 4.95% to 78.8pGroup of international oil companies sign agreements with Kurdistan Regional Government and Federal Government of Iraq to restart international crude exports from KurdistanGKP expects Shaikan Field realised prices to improve to above $30/bbl in interim period vs $27-28/bbl in local salesGKP’s gains ~27%, GENL up ~2% this year, as of last close
UK-listed Kurdish oil producer Gulf Keystone Petroleum (GKP.L) rises 4.32% to 217.5p, highest since October 2022
Kurdistan-focused oil firm Genel Energy (GENL.L) gains as much as 4.95% to 78.8p
Group of international oil companies sign agreements with Kurdistan Regional Government and Federal Government of Iraq to restart international crude exports from Kurdistan
GKP expects Shaikan Field realised prices to improve to above $30/bbl in interim period vs $27-28/bbl in local sales
GKP’s gains ~27%, GENL up ~2% this year, as of last close

