The company currently has exploration and appraisal rights over six blocks and two producing fields totalling approximately 17,600 square kilometres in the Republic of Algeria. Gulf Keystone has operated in Algeria since 2001 and has in-depth knowledge of the country's local culture and political and operating environment.
In January 2008, the company received Development Plan approval for the GKN and GKS oil fields triggering an entitlement to a share of production effective from 10 October 2007. This is a first for Gulf Keystone marking our evolution into an exploration and production company.
