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Other Interests

Algeria

Gulf Keystone started operating in the Republic of Algeria in 2001 acquiring exploration and appraisal rights over six blocks and two producing fields.

In July 2009, the Company announced its intention to undertake a gradual strategic exit from Algeria in order to focus on its extensive operations in the Kurdistan Region of Iraq.

This process is nearing completion with Gulf Keystone currently evaluating a number of options with regard to its remaining interests in Block 126a (GKN and GKS oilfields under the Ferkane Permit).