Update on Shaikan Field operations

Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq (“Kurdistan”), announces that it has temporarily shut-in production operations and has taken measures to protect staff in light of the developing regional security environment. The Company’s assets have not been impacted.

The Company is closely monitoring the situation and will provide further updates as appropriate.

Enquiries:

Gulf Keystone:

+44 (0) 20 7514 1400

Aaron Clark, Head of Investor Relations & Corporate Communications

[email protected]

FTI Consulting

+44 (0) 20 3727 1000

Ben Brewerton & Nick Hennis

[email protected]

or visit: www.gulfkeystone.com

Notes to Editors:

Gulf Keystone Petroleum Ltd. (LSE & OSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq. Further information on Gulf Keystone is available on its website www.gulfkeystone.com

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