Gulf Keystone said that it “has recently engaged in discussions with a number of parties in relation to possible asset transactions or a sale of the company”, while stressing the talks were preliminary and not guaranteed to result in any deal.
The explorer also said it has $69.3 million cash and that its bank has received a $20.8 million net payment for crude oil sales from the Shaikan field in Iraqi Kurdistan that it expects to reach the company’s accounts shortly.
Gulf
