Significant long-term upside potential
The development vision for the Shaikan Field is to implement a phased development approach, which will see production grow to 110,000 bopd over the coming years.
Strong balance sheet
Gulf Keystone has a robust balance sheet and is fully funded for all phases of the Shaikan expansion programme. The Company also has an ongoing dividend policy and share buyback programme in place which is aligned with the Company’s focus on capital allocation, whilst not impacting GKP’s ability to continue to execute its existing investment strategy.
Consistent operational delivery
Gulf Keystone has demonstrated a track record of meeting its production targets, whilst maintaining low operating and G&A costs. GKP has a continued focus on maintaining safe and reliable operations at Shaikan.
Organisation built to deliver
Strong Board and senior management teams in place, fit for purpose to deliver the Shaikan expansion programme whilst ensuring the optimum running of the business.