Share Name Share Symbol Market Type Share ISIN Share Description
Gulf Keystone Petroleum LSE:GKP London Ordinary Share BMG4209G2077 COM SHS USD1.00 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.25p -3.49% 90.00p 90.00p 90.50p 93.50p 90.00p 93.50p 121,593 16:29:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 157.4 -14.0 -25.0 - 206.49

Gulf Keystone Petroleum Ltd. Shaikan Payment Update

08/06/2017 12:00pm

UK Regulatory (RNS & others)


Gulf Keystone (LSE:GKP)
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3 Months : From May 2017 to Aug 2017

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RNS Number : 5605H

Gulf Keystone Petroleum Ltd.

08 June 2017

8 June, 2017

Gulf Keystone Petroleum Ltd. (LSE: GKP)

("Gulf Keystone", "GKP" or "the Company")

Shaikan Payment Update

Further to the announcement on 7 June regarding authorisation by the Kurdistan Regional Government ("KRG") of payment for Shaikan crude export sales in February 2017, the Company is pleased to confirm that a gross payment of $15.0 million ($12.0 million net to GKP) has now been received.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Enquiries:

 
 Gulf Keystone Petroleum:     +44 (0) 20 7514 1400 
 Jón Ferrier, CEO 
 Sami Zouari, CFO 
 
 Celicourt Communications:    +44(0) 20 7520 9266 
 Mark Antelme 
  Jimmy Lea 
 

or visit: www.gulfkeystone.com

Notes to Editors:

-- Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq and the operator of the Shaikan field with current production capacity of 40,000 barrels of oil per day

   --           Further information on Gulf Keystone is available on its website www.gulfkeystone.com 

Disclaimer

This announcement contains certain forward-looking statements that are subject to the risks and uncertainties associated with the oil & gas exploration and production business. These statements are made by the Company and its Directors in good faith based on the information available to them up to the time of their approval of this announcement but such statements should be treated with caution due to inherent risks and uncertainties, including both economic and business factors and/or factors beyond the Company's control or within the Company's control where, for example, the Company decides on a change of plan or strategy. This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed. This announcement should not be relied on by any other party or for any other purpose.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 08, 2017 07:00 ET (11:00 GMT)

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