GKP Gulf Keystone Petroleum Ltd

115.00

-7.40 (-6.05%)

Last Updated: 09:55:16

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Gulf Keystone Petroleum Ltd	LSE:GKP	London	Ordinary Share	BMG4209G2077	COM SHS USD1.00 (DI)

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-7.40	-6.05%	115.00	115.00	115.60	120.00	112.30	120.00	1,220,390	09:55:16

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Oil And Gas Field Expl Svcs	123.51M	-11.5M	-0.0517	-22.44	258.03M

Exxon Deal Clearly Positive For Kurdish Oil - Gulf Keystone

17/11/2011 10:32am

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Exxon Mobil Corp.'s (XOM) controversial deal to explore for oil in Iraq's Kurdish region will undoubtedly change the politics of the industry in a positive way, John Gerstenlauer, chief operating officer for Gulf Keystone Petroleum Ltd. (GKP.LN), said Thursday.

"There is no way that a player the size of Exxon can do what they have done and not change the dynamics," Gerstenlauer said at the Oil Council conference in London. "At the end of the day, it has to be positive for Kurdistan."

Exxon Mobil last week became the first of the major international oil companies to enter Iraqi Kurdistan. The move has prompted threats from the Baghdad government that the U.S. company could lose its licenses in southern Iraq if proceeds with the deal.

-By James Herron, Dow Jones Newswires; +44 (0)20 7842 9317; james.herron@dowjones.com