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Gulf Keystone in recovery

Three years on from its brush with death, the Kurdistan-based producer is finally looking like a viable investment
March 29, 2019

Not so long ago, few would have expected Gulf Keystone Petroleum (GKP) to be able to pay a dividend. But, less than three years after a painful debt-for-equity swap almost completely wiped out shareholders, the Iraqi Kurdistan-based group has recovered so strongly that capital returns are now back on the agenda.

IC TIP: Hold at 270p
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