UK’s Gulf Keystone says in preliminary talks over potential sale

Oil producer Gulf Keystone Petroleum, battered by a slump in oil prices, said it was in talks with a number of parties about a possible sale of the company or some assets.

The company, which has operations in Iraqi Kurdistan, said the discussions were at a preliminary stage and that it had appointed Deutsche Bank and Perella Weinberg Partners as financial advisers.

* more to follow *


Follow The National’s Business section on Twitter

0

Share This Post