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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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Tables and charts

This report includes 8 images and tables including:

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

Tables

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

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