Description
Gulf Keystone Petroleum Ltd. (AIM: GKP) (“Gulf Keystone” or the “Company”) is an independent oil and gas exploration company focused on exploration in the Kurdistan region of northern Iraq.
History
Gulf Keystone was originally founded by UAE, Kuwaiti, Saudi and US private equity and was incorporated in Bermuda in 2001. The company listed on the AIM market of the London Stock Exchange on 8 September 2004.
Operations
Gulf Keystone is focused on exploration in the Kurdistan region of northern Iraq. Gulf Keystone Petroleum International (“GKPI”) is a joint venture between the Company and ETAMIC, its strategic partner in Kurdistan. The JV holds Production Sharing Contracts ("PSC’s") in four exploration blocks with a total area under licence of 1,702 square kilometres.
On 14 July 2009, the Company announced its intention to exit its operations in Algeria in order to focus on Kurdistan.
Corporate Social Responsibility
The Company’s goal is to be a competent and responsible operator on both environmental and social levels. We wish to be considered a partner of choice and a company known for making a positive contribution to those with whom we interact.
Shares in Issue
672,185,122 shares in issue as of 1 June 2010.
Listings
Gulf Keystone is quoted on the Alternative Investment Market of the London Stock Exchange.
London Stock Exchange AIM market, sub-sector Exploration and Production. Ticker symbol GKP.
Employees
Over 50 people are employed by Gulf Keystone world-wide, including approximately 40 people in an operational or technical capacity.
Offices
Gulf Keystone Petroleum Ltd is registered in Bermuda (number 31165) with offices in Erbil, Kurdistan; Algiers, Algeria; and London, United Kingdom.
