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

Avatar

Business RSS feed - The National

About Author

You may also like

ADFF Introduces New Award for Environmental Films

  • Sep 09, 2011
WAM Abu Dhabi, Sept. 6th, 2011 (WAM) -- The Abu Dhabi Film Festival (ADFF), organized by Abu Dhabi Authority for

DCL analyzes thousands of food and environmental samples

  • Sep 09, 2011
Tue 06-09-2011 22:08 PM WAM Dubai, Sept. 6th, 2011 (WAM) -- Food and Environment Laboratory Section of Dubai Central Laboratory