Gulf Keystone Petroleum (LON:GKP) - Development in sight
Oct 10th 2012 - Edison Investment Research today published a report on Gulf Keystone Petroleum (GKP.L, LSE:GKP, LON:GKP) entitled "Development In Sight". In summary, the report says:
The H112 results underlined the two key areas of focus for Gulf Keystone (GKP). The development of Shaikan is starting to take shape with funding for 2013 now in place and early production facilities due for start-up in January and March 2013. Meanwhile, exploration wells continue in Sheikh Adi, Ber Bahr and Akri-Bijeel. Adjusting for these factors, we nudge our core NAV to 224p and RENAV to 280p.
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