Gulf Keystone Petroleum

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Operations

A leading independent oil company operating in the Kurdistan Region of Iraq.

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Gulf Keystone employees at Shaikan

Strategy

Balancing investment in profitable production growth with sustainable shareholder returns, while maintaining a robust balance sheet.

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Shaikan Production Facilities

Investment Case

Track record of operational delivery and value creation from long-life, low-cost asset.

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2025 Full Year Results Highlights

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41,560

bopd FY 2025 gross average production

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$ 111.4 m

FY 2025 Adjusted EBITDA

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$ 29.1 m

FY 2025 Free cash flow

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$ 78.2 m

Cash balance (27-Aug-25)

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> 1150

Zero Lost Time Incidents for >1150 days (as at 17-Mar-26)

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