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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Council tax bills in worst hit areas set to rise by £500 in the next four yearsBranded the ‘ultimate stealth tax’, the council tax burden is increasing across the country, with some areas potentially having to find hundreds of pounds more a year to pay the bill
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Crypto ETNs are approved for UK retail investorsThe FCA has approved the sale of crypto ETNs to retail investors from October. What is a crypto ETN, and what does this mean for investors?
