Middle East Economic Survey

VOL. LII

No 43

26-Oct-2009

IRAQ

Gulf Keystone Announces Preliminary Reserves Estimate For Shaikan Structure

AIM-listed Gulf Keystone Petroleum said last week that the Shaikan structure on its exploration permit in the Kurdistan region of Northern Iraq has estimated gross oil in place of 1-5.3bn barrels. The announcement follows an independent evaluation of the Shaikan-1 well by exploration and production consultancy Dynamic Global Advisers (DGA), which Gulf Keystone...