Gulf Keystone jumps on ExxonMobil rumor

摘要

London—Gulf Keystone Petroleum, the UK-listed explorer developing the major Shaikan oil field in the northern Iraqi region of Kurdistan, saw its shares surge to record highs early December 19 following a report that ExxonMobil was considering an $11 billion bid for the company. Without citing sources, the UK’s Independent on Sunday reported that ExxonMobil was looking at a possible GBP7 billion ($10.9 billion) takeover bid for Gulf Keystone, which is developing up to 13.5 billion barrels of inplace oil at the Shaikan field.