Gulf Keystone Petroleum, an oil company focused on the Kurdistan region of Iraq, has revealed that the much anticipated Ber Bahr 1 exploration well in Kurdistan has encountered a 300 metre oil column, although the commercial potential of the well is as yet unknown.
The well's operator, Genel, admitted that two drill stem tests have failed to flow and produced inconclusive results, but with evidence of perforations plugged with heavy oil.
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'We face a £6m inheritance tax bill under Reeves's changes – it's sheer terror'Thousands of families fear they’ll have no option but to look at selling their firms in a fire sale to pay inheritance tax bills, due to Rachel Reeves’s changes to business property relief
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Millions of over 50s fear pension investment risk – how should you position your portfolio?To de-risk or not to de-risk, that is the question. Act too late and you could face irreversible losses. Move too early and miss out on significant gains that could transform your retirement.
