2023 AGM, Operational & Corporate Update
Retrieved on:
Friday, June 16, 2023
Noah Dream On Final 2022, Kurdistan Regional Government, CET, Senior, SH-17, Economy of Kurdistan Region, AGM, Oil, Gulf Keystone Petroleum, Public expenditure, Ministry, State Oil Fund of Azerbaijan, SH-18, KRG, Webcast, State Organization for Marketing of Oil, Kurdistan Region, Safety, Non-executive director, Annual general meeting
Ahead of today's 2023 Annual General Meeting ("AGM"), Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, provides an operational and corporate update.
Key Points:
- Ahead of today's 2023 Annual General Meeting ("AGM"), Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, provides an operational and corporate update.
- Jon Harris, Gulf Keystone's Chief Executive Officer, said:
“Gulf Keystone entered 2023 following a year of strong operational and financial performance and continued delivery against the Company’s disciplined strategy of investing in profitable production growth, sustainable shareholder returns and maintaining a strong balance sheet. - Following the suspension of Kurdistan crude exports on 25 March 2023 and continued delays to oil sales payments, our focus has shifted to aggressively reducing all costs to preserve liquidity, while maintaining safe operational readiness to quickly restart production.
- A recording of the presentation will also be available to view on the same page later in the day following the conclusion of the AGM.