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Share Name Share Symbol Market Type Share ISIN Share Description
Gulf Keystone Petroleum Ltd 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
  -3.40 -1.87% 178.80 178.80 179.40 185.00 179.20 185.00 563,385 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 79.3 -34.4 -16.4 - 376

Gulf Keystone Petroleum Ltd. Appointment of CEO

04/01/2021 7:00am

UK Regulatory (RNS & others)


Gulf Keystone Petroleum (LSE:GKP)
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RNS Number : 3829K

Gulf Keystone Petroleum Ltd.

04 January 2021

4 January 2021

Gulf Keystone Petroleum Ltd. (LSE: GKP)

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

Appointment of CEO

Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq, is pleased to announce the appointment of Jon Harris as Chief Executive Officer ("CEO").

Mr Harris has over 30 years' experience in the oil and gas industry and joins GKP from SASOL Limited, an integrated energy and chemicals company based in South Africa where he was Executive Vice President, Upstream. Prior to this, he spent 25 years with BG Group in various international roles, including Executive Vice President Technical and General Manager Production Operations, as well as senior management assignments in the United States, Trinidad and Tobago and Egypt.

Mr Harris received a Master of Engineering in Fuel and Energy (with distinction) from the University of Leeds, UK.

Mr Harris will join the Board of GKP and assume the CEO role on 18 January 2021. He will have a period of handover with Jón Ferrier who, as previously announced, will retire on 31 January 2021.

Jaap Huijskes, Chairman of the Company, said:

"Following a thorough global search process, I am very pleased to announce the appointment of Jon Harris as CEO. Jon is an experienced executive who brings a wealth of highly relevant project delivery, asset management, production operations and technical experience within the sector to the management team and to the Board. We look forward to him joining GKP and to his contributions.

"On behalf of the Company, I would like to again thank Jón Ferrier for his outstanding commitment and contributions since joining Gulf Keystone in 2015. Under his leadership, GKP was successfully restructured and transformed, as evidenced by today's strong operational performance, low-cost structure, robust financial position and pathway to further production growth and value creation. We wish him the very best of success for the future."

Current Directorships:

None

Past Directorships in past 5 years:

Sasol Africa (Pty) Limited

Sasol Canada Holdings Limited

Sasol Mining (Pty) Limited

Sasol Mining Holdings (Pty) Limited

There is no further information to be disclosed pursuant to sections LR 9.6.11, LR 9.6.12 or LR 9.6.13 of the Listing Rules, FCA Handbook.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries:

 
 
 Celicourt Communications:    + 44(0) 20 8434 2754 
 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. 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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January 04, 2021 02:00 ET (07:00 GMT)

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