There has been more good news on the exploration front from the Kurdistan region of northern Iraq. The Ber Bahr-1 exploration well, in which Genel Energy (GENL) and Gulf Keystone Petroleum (GKP) each hold a 40 per cent interest, sustained a daily flow rate of 2,100 barrels of 15 degree API oil on a sidetracked drill test. After a series of test drills the companies plan to start a phased development of the field in the second half of the year.
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