GKP set for Growth

Financial

  • Fully funded for the 2013 work programme and aiming to achieve additional revenues through significant production growth

Corporate

  • The Company will play a major role at the 2nd International Energy Arena Conference co-hosted by The Strategic Technical Economic Research Center (STEAM) and Gulf Keystone. Todd Kozel will participate in the Mapping the Future session led by the Minister of Natural Resources of KRG, H.E Dr. Ashti Hawrami and the Minister of Energy and Natural Resources of Turkey, H.E Taner Yildiz. The Prime Minister of the Kurdistan Regional Government, H.E Nechirvan Barzani, will also be in attendance. The conference will be held in Erbil on 30 May 2013.

Operational Update

Shaikan Field Development Plan

On 27 January 2013, Gulf Keystone, as operator, submitted a Field Development Plan ("FDP") to the Shaikan Block Management Committee.  The Company is in constructive talks with the appropriate regulatory authorities concerning their feedback on the proposed way forward for the development of the Shaikan field, which was declared a major commercial discovery in August 2012.

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