Gulf Keystone reports best well

Oil company Gulf Keystone yesterday said its The Shaikan-4 well, located in the Kurdistan region of Iraq, achieved a flow rate of 563 barrels of oil per day and 3.65m standard cubic feet per day of gas in the first well test. Two well tests in the Triassic have been completed to date, with five more planned, and the firm said the well could be its best yet.