3 July 2023

Gulf Keystone Petroleum Ltd. (LSE: GKP)

(“Gulf Keystone”, “GKP” or “the Company”)

Appointment of Non-Executive Director

Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, is pleased to announce the appointment of Julien Balkany as a non-independent Non-Executive Director representing funds managed by Lansdowne Partners Austria GmbH with effect from 3 July 2023.

Julien Balkany has extensive experience as an investor and board member in the international oil & gas industry. He is currently Managing Partner of Nanes-Balkany Partners, a group of investment funds that focuses on the oil & gas industry, which he co-founded in 2007. Since 2014, he has been Chairman of the Norwegian oil & gas exploration and production company Panoro Energy ASA. He has also been Non-Executive Director of several other private and publicly listed oil & gas companies including Norwegian Energy Company (Noreco), Gasfrac Energy Services, Toreador Resources, and Amromco Energy.

Julien began his career as an oil & gas investment banker and studied at the Institute of Political Studies (Strasbourg) and at UC Berkeley.

Martin Angle, Gulf Keystone's Non-Executive Chairman, said:

"We are pleased to welcome Julien to the Board of Gulf Keystone Petroleum as a non-independent Non-Executive Director representing funds managed by Lansdowne Partners Austria GmbH. We look forward to his contributions to the Board and the Company based on his significant experience as an investor and Board member in the international oil & gas industry.” 

Information to disclose under LR 9.6.13R pertaining to this appointment.

Current/Past Directorships of other quoted companies within the previous five years:

Panoro Energy ASA (current)

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Notes to Editors:

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

Disclaimer

This announcement contains certain forward-looking statements that are subject to the risks and uncertainties associated with the oil & gas exploration and production business.  These statements are made by the Company and its Directors in good faith based on the information available to them up to the time of their approval of this announcement but such statements should be treated with caution due to inherent risks and uncertainties, including both economic and business factors and/or factors beyond the Company's control or within the Company's control where, for example, the Company decides on a change of plan or strategy.  This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed.  This announcement should not be relied on by any other party or for any other purpose.