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During June 2025, Keddington produced a total of 992 bbl of oil over 23 days of timed pumped production averaging 10.4 h/d with an average flow-rate of 43 bpd gross during the period. The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production.
Field Operating Income is a common metric used in the oil and natural gas industry to assess the profitability and efficiency of the Companys field operations. The following table reconciles Field Operating Income to the nearest GAAP measure. Boe may be misleading, particularly if used in isolation. USD-CAD and C$3 / GJ AECO.
Production entitlements Production entitlements are the host government's share of production during the reporting period from the Shaikan Field operated by Gulf Keystone. RoyaltiesRoyalties represent royalties paid in-kind to governments during the year for the extraction of oil.
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. After annual capital investments of $2.6 billion 1.
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