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Investors
Investment Case
Safety & sustainability underpin our business
Committed to safe and sustainable operations, and to making a positive social contribution in Kurdistan, whilst minimising environmental impacts and maintaining robust governance and compliance.
Long life asset
The Company estimates gross 2P reserves of 458 MMstb at 31 December 2023. Based on 2022 gross average production of 44,202 bopd, the last full year of export sales prior to the ITP closure, estimated gross 2P reserves-to-production ratio is around 28 years, underpinning the case for further investment.
Delivering value to shareholders
Balancing investment in profitable production growth with attractive returns to shareholders.
Robust financial position
Shaikan is highly cash generative, which combined with prudent financial policies and an ongoing focus on strict cost control and capital discipline, ensures the Company maintains a robust balance sheet.
Strong governance and organisation
With a talented local and expatriate workforce, a highly experienced management team, and overseen by a strong and diverse Board, GKP has the team and structure in place to deliver on its ambitious growth objectives.