Gulf Keystone Petroleum

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Operations

A leading independent oil company operating in the Kurdistan Region of Iraq.

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Gulf Keystone employees at Shaikan

Strategy

Balancing investment in profitable production growth with sustainable shareholder returns, while maintaining a robust balance sheet.

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Shaikan Production Facilities

Investment Case

Track record of operational delivery and value creation from long-life, low-cost asset.

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2023 Half Year Results Highlights

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23,100

bopd gross average local sales (19-29 August 2023)

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65%

Reduction in est. monthly average capex & costs (H2 23 vs Q1 23)

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$ 82.1m

Cash balance (30-Aug-23)

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$ 34.2m

H1 2023 Adjusted EBITDA

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225

Day with zero LTIs >