GKP set for Growth

Sheikh Adi Appraisal Programme

After making a Jurassic discovery with the Sheikh Adi-2 exploration well in November 2012, the Company and the Kurdistan Regional Government, its partner in the block unanimously agreed to move to an appraisal programme to appraise Jurassic targets and evaluate the Triassic upside at the 3,500 metres projected depth with the Sheikh Adi-3 appraisal well.  

Furthermore, we plan to target two additional exploration leads, comprising potential extensions of the Atrush and Swara Tika discoveries, following acquisition of 70 km of additional 2D seismic data.  The Company is enthusiastic about the forthcoming appraisal and additional exploration work as it is the Company's belief that the Shaikan field shows signs of a significant extension into the Sheikh Adi block.

Full Year Results, Investor Day & AGM

The Company will announce full year results for the period ended 31 December 2012 on Thursday, 20 June 2013.  The Company will hold an Investor Day on Thursday, 4 July 2013 in London.  The Company's Annual General Meeting is to be held on Thursday, 25 July 2013 in Bermuda.

(Source: GKP)

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