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  • Gulf Keystone operated block
  • Discovery
  • Development area
  • Relinquished/in the process of being relinquished

Kurdistan Region of Iraq

Kurdistan Region of Iraq

Gulf Keystone is focused on exploration, appraisal and production in the Kurdistan Region of Iraq where a world-class discovery was first made on the Company’s Shaikan block in 2009. The Company is currently entering a new stage of its development as it matures from a proven oil explorer to a significant producer in the Kurdistan Region of Iraq.

1

Ber Bahr

Ber Bahr

The Ber Bahr licence interest will be relinquished as part of ongoing portfolio management.

2

Sheikh Adi

Sheikh Adi

Having analysed potential capital demands and performance risk of the development of the Sheikh Adi Block, we have decided to relinquish this licence, which has been agreed with the MNR.

3

Shaikan

Shaikan

The Shaikan block is situated about 85 km to the north-west of Erbil covering an area of 283 km².

Explore Shaikan
4

Akri-Bijeel

Akri-Bijeel

It has been agreed between MOL Hungarian Oil and Gas Plc. its Partners Gulf Keystone Petroleum and the Kurdistan Regional Government's Ministry of Natural Resources, to relinquish the Akri-Bijeel Block in the Kurdistan Region of Iraq.

The decision is based on a comprehensive assessment of the block potential. MOL and Gulf Keystone Petroleum, as Contractor Entities, signed the Relinquishment and Termination Agreement of the Production Sharing Contract on 31 December 2015.

As the operator of the Shaikan Block, we continue to focus on this flagship producing asset in cooperation with our partners in the Kurdistan Region.