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Gulf Keystone pockets USD 20.8m from Shaikan crude sales

26th February 2015

Gulf Keystone has received a further USD 26m gross payment (USD 20.8m net to Gulf Keystone) constituting a pre-payment from a third party buyer for future Shaikan crude oil sales

Gulf Keystone has received a further USD 26m gross payment (USD 20.8m net to Gulf Keystone) constituting a pre-payment from a third party buyer for future Shaikan crude oil sales
Gulf Keystone has seen its share price soar following suggestions it may sell the company

Gulf Keystone has seen its cash balance rise today with the receipt of payment of its Shaikan crude oil sales by a third party buyer.

This comes after yesterday’s announcement that it is in talks with various entities regarding a possible sale of the company. 

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