Update on Shaikan Field operations

Summary by AI BETAClose X

Gulf Keystone Petroleum Ltd. has temporarily shut-in production operations at its Shaikan Field as a safety precaution due to the developing regional security environment, a move consistent with other international oil companies in the Kurdistan Region of Iraq. The company's assets remain unaffected, and prior to the shutdown, gross production from the Shaikan Field exceeded 45,000 barrels of oil per day. Gulf Keystone is actively monitoring the situation and will issue further updates as necessary.

Disclaimer*

20 July 2026

Gulf Keystone Petroleum Ltd. (LSE & OSE: GKP)
(“Gulf Keystone”, “GKP”, “the Group” or “the Company”)

Update on Shaikan Field operations

Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq (“Kurdistan”), announces that it has temporarily shut-in production operations as a safety precaution due to the developing regional security environment. The Company’s approach is in line with other international oil companies operating in the region. The Company’s assets have not been impacted and latest gross production from the Shaikan Field was above 45,000 bopd.

The Company is closely monitoring the situation and will provide further updates as appropriate.

Enquiries:

Gulf Keystone:+44 (0) 20 7514 1400
Aaron Clark, Head of Investor Relations
& Corporate Communications
aclark@gulfkeystone.com
FTI Consulting+44 (0) 20 3727 1000
Ben Brewerton
Nick Hennis		GKP@fticonsulting.com

or visit: www.gulfkeystone.com

Notes to Editors:

Gulf Keystone Petroleum Ltd. (LSE & OSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq. Further information on Gulf Keystone is available on its website www.gulfkeystone.com

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Gulf Keystone Petroleum Ltd Com Shs (DI) (GKP)
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