Credibility Gulf

14 July 2016 By Andy Critchlow

Creditors will take control of Gulf Keystone after falling prices, excessive debt, unreliable payments and unrest left a company once worth nearly 4 bln pounds essentially bankrupt. Huge oil majors can afford such risks, but most investors should avoid wannabes that take them.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)