Company
Gulf Keystone Petroleum Ltd. (“Gulf Keystone” or the “Company”) is an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq.
History
Gulf Keystone was originally founded by UAE, Kuwaiti, Saudi and US private equity. The Company was incorporated in Bermuda in 2001 and listed on the Alternative Investment Market of the London Stock Exchange on 8 September 2004.
Operations
Gulf Keystone is focused on exploration, appraisal and production in the Kurdistan Region of Iraq.
Gulf Keystone Petroleum International Ltd. (“GKPI”), a wholly-owned subsidiary of Gulf Keystone Petroleum Ltd., holds Production Sharing Contracts (“PSCs”) for four adjacent exploration blocks, Shaikan, Akri-Bijeel, Sheikh Adi and Ber Bahr. The Company is the Operator of the Shaikan and Sheikh Adi PSCs.
On 6 August 2009, Gulf Keystone announced a significant discovery made with the Company’s first exploration well Shaikan-1.
Corporate Social Responsibility
The Company’s goal is to be a competent and responsible Operator and a partner of choice creating a strong, lasting and mutually rewarding partnership with our hosts in the Kurdistan Region of Iraq.
Shares in Issue
854,118,448 shares in issue as of 1 October 2011.
Listings
AIM
Gulf Keystone Petroleum Ltd. is quoted on the Alternative Investment Market (“AIM”) of the London Stock Exchange, sub-sector Exploration and Production under the ticker symbol GKP.
ADR
On 5 December 2008, Gulf Keystone Petroleum Ltd. established a sponsored Level 1 American Depositary Receipt ("ADR") programme in the United States in conjunction with the Bank of New York Mellon, the depositary bank. OTC Market Tier: OTCQX International. Ticker Symbol: GFKSY.
Employees
Over 150 people are employed by Gulf Keystone world-wide, including over 100 people in an operational or technical capacity.
Offices
Gulf Keystone Petroleum Ltd. is registered in Bermuda (number 31165) with further offices in Erbil, Kurdistan Region of Iraq; Algiers, Algeria; and London, United Kingdom.