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Kurdistan-focused oil and gas companies are suffering, but hanging on

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Report summary

Times are tough in the Kurdistan Region of Iraq. The low oil price has added to the Kurdistan Regional Government's financial woes. As a result, Kurdistan-focused companies have suffered from a lack of payments from the KRG, and recent reserve downgrades along with low oil prices have increased the strain. Yet, we expect the Kurdistan-focused IOCs, with the possible exception of Gulf Keystone, to survive in the short-term. However, more will struggle if the climate doesn’t improve over the coming two to three years. 

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    Kurdistan-focused oil and gas companies are suffering, but hanging on

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Table of contents

Tables and charts

This report includes 8 images and tables including:

Tables

  • Kurdistan-focused oil and gas companies are suffering, but hanging on: Table 1

Images

  • Kurdistan production profile
  • Kurdistan-focused oil and gas companies are suffering, but hanging on: Image 4
  • Kurdistan-focused oil and gas companies are suffering, but hanging on: Image 5
  • Regional M&A deals
  • Change in commercial and technical reserves, Q4 2014 to Q2 2016
  • Share price since 01 Jan 2014 - indexed
  • Kurdistan-focused oil and gas companies are suffering, but hanging on: Image 3

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