Gulf Keystone Completes First Export Lifting of Kurdistan Crude

Gulf Keystone Petroleum Ltd. (LSE:GKP) has confirmed the successful completion of its first lifting of Kurdistan crude for pipeline export at the Ceyhan terminal in Türkiye, carried out alongside other International Oil Companies. The company expects to receive payment for its share within 30 days, with a second lifting scheduled for late November 2025. This milestone represents an important operational advance and could strengthen Gulf Keystone’s market position while delivering financial benefits for shareholders.

Gulf Keystone’s outlook highlights strong balance-sheet stability and solid cash-flow management, tempered by weaker profitability trends and technical indicators signalling bearish momentum. While the company’s high dividend yield may appeal to income investors, it is accompanied by elevated risk given negative earnings. Operational volatility and regional geopolitical uncertainty also weigh on the near-term view.

More about Gulf Keystone Petroleum

Gulf Keystone Petroleum Ltd. is an independent oil and gas operator active in the Kurdistan Region of Iraq, where it focuses primarily on exploration and production activities.

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