Genel, GKP gain on KRG news
Genel Energy Plc (GENL) and Gulf Keystone Petroleum Ltd. (GKP) rose in London trading after Iraq’s central government and the semi-autonomous Kurdish region reached an agreement to end an oil revenue dispute. Genel gained 3.7 percent, the most since Aug. 14, to 731 pence. Gulf Keystone rose 6.2 percent to 234.8 pence.Brian Swint reports for Bloomberg:
Genel Energy Plc (GENL) and Gulf Keystone Petroleum Ltd. (GKP) rose in London trading after Iraq’s central government and the semi-autonomous Kurdish region reached an agreement to end an oil revenue dispute.
Genel gained 3.7 percent, the most since Aug. 14, to 731 pence. Gulf Keystone rose 6.2 percent to 234.8 pence.
