Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF – Get Free Report)’s stock price rose 10.7% on Thursday . The stock traded as high as $2.70 and last traded at $2.70. Approximately 4,737 shares were traded during trading, a decline of 45% from the average daily volume of 8,630 shares. The stock had previously closed at $2.44.
Gulf Keystone Petroleum Stock Up 10.7%
The company’s 50 day moving average price is $2.43 and its 200-day moving average price is $2.55.
Gulf Keystone Petroleum Company Profile
Gulf Keystone Petroleum is an independent oil and gas exploration and production company with a primary focus on the Kurdistan Region of Iraq. Founded in the early 2000s and headquartered in Jersey, the company is listed on the London Stock Exchange’s AIM market and trades over the counter in the United States under the ticker GUKYF. Its core business activity centers on the development and operation of the Shaikan oil field, one of the largest onshore discoveries in the region, alongside ongoing appraisal and exploration in adjacent blocks.
The company achieved a major milestone in 2009 with the discovery of the Shaikan field and commenced early production in 2014.
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