Gulf Keystone Petroleum Plans Oslo Dual Listing to Boost Liquidity as Share Offering Begins

The company said it has a market capitalization of about $540 million (about NOK 5.2 billion), is debt-free, and had a cash position of $88 million. Harris also pointed to $50 million of dividends paid in 2024, despite sales into the local market during part of the period.Management highlighted cost performance, with Harris stating operating costs of $4.3 per barrel and “low” general and administrative expenses. He also noted a safety milestone of three years without a lost-time incident, achieved in Januar ...